NTT: Establishment of an Israeli Subsidiary
NTT Corporation (NTT)(TOKYO:9432) is pleased to announce the establishment of a subsidiary in Israel to leverage cutting-edge Israeli technology into the NTT Group to help create new business opportunities.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210511006287/en/
Noa Asher (Photo: Business Wire)
1. Background
Israel is where some of the world's most advanced technologies are developed, produced many successful technology startups, and housing many global companies' R&D operations. NTT has decided to invest in Israel by establishing a new company that will help provide access to these cutting-edge technologies and startups into future NTT products and services.
2. Overview
In July 2021, NTT will establish a new Israeli subsidiary (Company name: NTT Innovation Laboratory Israel Ltd. (tentative), President & CEO: Noa Asher) under the umbrella of NTT. This company will enable an ecosystem and support the creation of new businesses through synergies between Israeli companies and the NTT Group. Specifically, we will develop new businesses by strengthening relationships with startups, venture capital firms, and global companies in Israel.
3. Company Profile (Plan)
(1) Company Name: NTT Innovation Laboratory Israel Ltd.
(2) Location: Tel Aviv, Israel
(3) Representative: Noa Asher
(4) Business: Intelligence, surveys, research, information provision services, consulting related to global technological trends
(5) Capital: US $500,000
(6) Shareholders and Ownership Ratio: NTT, 100%
(7) Number of Employees: 5 (at the time of establishment)
(8) Establishment: July 2021
4. Biography of Noa Asher
2014 -2020 Economy Minister of the Embassy of Israel in Japan
2002 -2014 Ministry of Economy, Trade and Industry of Israel
2010 -2011 Graduate of Harvard Kennedy School (MPA)
2000 -2002 Tel Aviv University (MBA)
1993 -1997 Jerusalem University (LLB)
About NTT
NTT believes in resolving social issues through our business operations by applying technology for good. We help clients accelerate growth and innovate for current and new business models. Our services include digital business consulting, technology and managed services for cybersecurity, applications, workplace, cloud, data center and networks all supported by our deep industry expertise and innovation. As a top 5 global technology and business solutions provider, our diverse teams operate in 80+ countries and regions and deliver services to over 190 of them. We serve over 80% of Fortune Global 100 companies and thousands of other clients and communities around the world. For more information on NTT, visit www.global.ntt/.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210511006287/en/
Contact information
Media Contact
Yuzo Aramaki
PR Office, NTT Corporation
TEL: +81-3-6838-5100 MOB: +81-90-1609-8041
Email: yuzo.aramaki@ntt.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
HCL Group and UpLink Announce Winners of ‘Water Resilience Challenge’ Under the Aquapreneur Innovation Initiative21.1.2026 17:02:00 EET | Press release
HCL Group, a leading global conglomerate, and UpLink, the World Economic Forum’s early-stage innovation initiative, have announced the winners of the ‘Water Resilience Challenge,’ the fourth in a series of five challenges under the five-year, CHF 15 million Aquapreneur Innovation Initiative launched by HCL Group. The announcement marks a significant step in the ongoing mission to address global water challenges through innovation and entrepreneurship. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260121697759/en/ Roshni Nadar Malhotra, Chairperson of HCL Group, congratulates the winners of ‘Water Resilience Challenge’ under the Aquapreneur Innovation Initiative in Davos. After evaluating over 300 submissions from around the world, 10 Aquapreneurs from nine countries were selected for their innovative solutions in the freshwater sector. This year’s winners, termed ‘UpLink Ventures and Aquapreneurs,’ represent a diverse set o
Weber Expands Smart Grilling Portfolio to Create the Backyard's First Seamless, Smart Ecosystem21.1.2026 17:00:00 EET | Press release
Weber, one of the global leaders in high-performance, high-quality outdoor cooking technology and products, today unveiled its 2026 lineup of grills and accessories. The new portfolio delivers a totally seamless smart ecosystem for grilling by connecting smart grills, accessories, and the WEBER CONNECT® App across all major fuel types to elevate the everyday with more confidence, control, and consistently delicious results. The 2026 lineup expands smart cooking options for charcoal grilling with the Performer® Smart Charcoal Grill and Kettle Smart Ring. Updated models of the popular GENESIS® and SPIRIT® smart gas grills feature Wi-Fi® and Bluetooth® enabled, battery-operated digital thermometers. The new Smart Wireless Probe Plus with Booster and Charger can be used with any grill, enabling precise temperature monitoring regardless of fuel type. All Weber smart products—grills, accessories, and the WEBER CONNECT App—sync to create an integrated, connected cooking experience. “The Weber
illumynt Appoints Chris Tejeda as Chief Revenue Officer21.1.2026 16:47:00 EET | Press release
illumynt today announced the promotion of Chris Tejeda to Chief Revenue Officer (CRO), reflecting the company’s continued growth and expanding global footprint. In his new role, Tejeda will lead illumynt’s global revenue strategy, customer engagement, and strategic partnerships as demand accelerates for secure, technology-driven IT Asset Disposition (ITAD) solutions. “Chris has been instrumental in aligning our commercial strategy with the evolving needs of hyperscale and enterprise customers,” said CEO Joerg Herbarth. “As AI accelerates infrastructure refresh cycles and raises the bar for security and compliance, his leadership will be critical to scaling illumynt with focus, transparency, and customer trust.” Tejeda brings extensive experience in enterprise technology services and has played a key role in illumynt’s recent momentum, including significant revenue growth and the expansion of advanced capabilities across AI/GPU diagnostics, automation, and value recovery. View source ve
Andersen Consulting Strengthens Digital Transformation Offering with Addition of Internet & Idee21.1.2026 16:30:00 EET | Press release
Andersen Consulting enters into a Collaboration Agreement with Internet & Idee, an Italian-based digital consulting agency, enhancing its ability to deliver integrated, tech-driven solutions. Founded in 1998, Internet & Idee delivers digital strategy, software development, Testing & QA, e-commerce, and mobile solutions. The firm operates across two core areas: IT consulting services and proprietary SaaS products, including credit management and cybersecurity monitoring tools. With deep expertise in banking, insurance, credit management, and luxury e-commerce logistics, Internet & Idee combines sector insight with technical innovation to drive business performance. “This collaboration allows us to apply our digital and sector expertise at greater scale,” said Carlo Stumpo, CEO of Internet & Idee. “Together with Andersen Consulting, we can deliver more targeted, effective solutions for clients facing complex challenges in highly regulated and fast-moving industries.” Mark L. Vorsatz, glo
Technology Innovation Institute and World Economic Forum Announce ‘Abu Dhabi Centre for Frontier Technologies’ at Davos21.1.2026 16:30:00 EET | Press release
The Technology Innovation Institute (TII), the applied research arm of Abu Dhabi’s Advanced Technology Research Council (ATRC), and the World Economic Forum (WEF) have announced the launch of the Abu Dhabi Centre for Frontier Technologies, a new Centre within WEF’s prestigious Centre for the Fourth Industrial Revolution (C4IR) Global Network. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260120284423/en/ Technology Innovation Institute and World Economic Forum Announce ‘Abu Dhabi Centre for Frontier Technologies’ at Davos (Photo: AETOSWire) The collaboration was formalized during a signing ceremony on the sidelines of the World Economic Forum Annual Meeting 2026 in Davos, marking a significant step in deepening international cooperation to shape the future of frontier technologies. Established with a clear mandate to lead breakthroughs in frontier research and development, advance global policy on emerging technologies, and
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom