JERUSALEM (Reuters) – Data storage firm Seagate Technology (NASDAQ:) PLC opened an innovation lab in Israel on Thursday with an aim of forming partnerships with businesses.
The Tel Aviv centre, called Lyve Labs, will work with a number of startups on “data challenges,” Seagate said.
It has already partnered with SeismicAI, a startup that offers early warning for earthquakes, as well as cybersecurity firm Hub Security.
Dave Mosley, Seagate’s chief executive, said that innovation requires collaboration.
“We want to both help the ecosystem and learn from it,” said Erez Baum, head of Lyve Labs Israel.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.