“The bureaucratic obstacles that need to be solved”
Mullen, who began working at GE in 1983, says he is “the man who sends new things, like a start-up within GE, with more money and less risk.” When he finishes building the business, they bring another “responsible adult” to the job and send him to the next job. In his previous position, he directed the development of small and mobile ultrasounds focused on rapid diagnosis without shaking the patient. Today, he is in Israel a week each month as part of his job at the project, which he says will be funded “like an Israeli start-up at stage C every year for at least three years.” The funding will probably be about $ 100 million or more.
“The decision to start the project in Israel was already accepted when the job was offered to me, I bet my entire career on people from Israel, and over the years I worked quite a bit with Israelis and I know how to recruit them, motivate them and turn them into a team that performs well. I’ve already had six Israelis in my head who knew that I wanted to recruit for the project, because I saw their work in my previous positions. “
The center currently employs 40 people, of whom 30 are software specialists specializing in developing applications for mobile devices or the cloud, and the rest are medical or management personnel. “We take into account that we do not touch the tests themselves, but only their combination,” he says. Molan himself is in Israel for a week every month.
In the second attempt, Altshuler will buy shares of Prasmaract for more than NIS 100 million
After canceling the IPO last year, the brothers reached an agreement in principle with Altshuler Shaham, according to which they would buy shares of the chain of supermarkets for NIS 100-150 million. In addition, contacts are being made with other entities for possible investment Following the failure of the Praszmarket chain of supermarkets last July, brothers Yossi and Shlomi Amir (Omer) are currently pursuing another flotation attempt in which they want to sell shares worth hundreds of millions of shekels. “Globes” has learned that as part of the