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Home > Company Index > Computer Software & Services > Diversified Software > Elron Electronic Industries Ltd.

Elron Electronic Industries Ltd.
Nasdaq: ELRN
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 NEWS FROM THE WIRES
Israel's Given Imaging plans U.S. IPO by year-end
Aug 05 2001 01:40 AM PDT

Israel's Given Imaging plans U.S. IPO by year-end
Aug 05 2001 01:39 AM PDT

Israel's Elron offers to buy Elbit
Jul 15 2001 08:08 AM PDT

More WIRE STORIES about this company

 PROFILE
Elron Electronic Industries is a new economy throwback. A conglomerate with stakes in more than 20 high-tech companies, Elron operates principally through two US subsidiaries. Elron TeleSoft (about 70% of sales) develops online business, government networking, and telecommunications software. Subsidiary Elron Software develops Internet applications for Web access, security, and communications management. Elron also has holdings in communications, defense electronics, semiconductor production, and information technology companies. Income from these investments accounts for nearly half of Elron's total revenue. Chairman and CEO Ami Erel's Discount Investment Corp. Ltd. owns 42% of Elron.

 COMPETITION
Formula Systems (1985) Ltd. (FORTY)
Koor Industries Ltd. (KOR)
Symantec Corporation (SYMC)

 DEALS
Deal: Elron Sells Remaining 42 percent of Peach Network Subsidiary to Microsoft
Date Announced: 03.03.00
Value of transaction (US $Mil): 0
Description: Israeli holding company sells remaining shares of subsidiary.

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 39.20
1-Yr. Sales Growth: (1.8)%
Employees: 525
Revenue per employee: $74,666.67

 KEY PEOPLE
• Ami Erel
    CEO
• Doron Birger
    CFO

 CONTACT INFO
Three Azrieli Center
Tel Aviv 67023, Israel
Phone: 972-3-607-5555
Fax: 972-3-607-5556
Online: Web Site

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