Israeli Firms Generate $12 Billion in Business in Massachusetts

Forget Silicon Valley: Massachusetts has become a magnet for Israeli high-tech entrepreneurs in its own right.

When Israelis think about American high tech, what comes to mind is California’s Silicon Valley, home to the headquarters of Google, Apple and Facebook along with major venture capital firms. It’s no surprise that when Israeli high-tech businesses wish to gain better access to markets, investors and potential strategic partners, they frequently open offices in that region. But Silicon...