Shai Agassi Enters Cleantech

March 30th, 2007 | Categories: Cleantech | Tags: , ,

As has been widely reported in the Israeli media, Shai Agassi, one of Israel’s finest hitech entrepreneurs is leaving the giant German software company SAP to join Eitan Wertheimer’s new initiative to develop battery powered electric cars. Due to Shai’s idol status on the Israeli business scene (he’s worth several hundreds of millions of dollars after selling his software company to SAP for 400 million dollars in cash), this move should create major momentum for the Israeli Cleantech industry. The question is; are we ready for it?

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