TA BlueTech Index


The TA BlueTech Index is a stock market index all capitalised information technology and biotechnology companies listed on the Tel Aviv Stock Exchange. The index was launched on 3 April 2011 as the TA BlueTech-50 Index and replaced the Tel-Tech Index and the Tel-Tech 15 Index.
In June 2014, as a result of changes in the criteria required for companies to be listed in the Index, its name was changed to "TA BlueTech Index".

History

The TA BlueTech-50 Index was launched as part of an effort by the Tel Aviv Stock Exchange to transform itself into a leading global exchange for high-tech companies and lure more overseas investment. Additionally, the Exchange has hoped to attract Israeli technology companies that historically been listing on the NASDAQ to list in TASE. The TA-Technology Index, which includes all the Information Technology companies listed on TASE, was launched at the same time. The TA-Biomed Index, which includes all the Biotechnology and Biomedical engineering companies om TASE was launched one year earlier. The BlueTech-50 included the 50 most highly capitalised companies from both indices.
In May 2014, the Tel Aviv Stock Exchange launched a new Index called TA Tech-Elite Index, comprising all the companies listed on either TA-Biomed Index or TA-Technology Index with a market worth of at least 400 million NIS. Also, in order to attract new companies, it was decided that under some circumstances new companies will be allowed to be listed on Tech-Elite Index if their market worth is at least 200 million NIS.
In accordance with the launching of Tech-Elite, it was decided that the BlueTech index will include all companies listed on TA-Technology Index and TA-Biomed Index, starting 15 June 2014.

Constituents

Constituents of the TA BlueTech-50 Index as of 1 September 2011
NameSymbolSectorNotes
Allot CommunicationsALLTCommunication systemsDual listed on NASDAQ
AlvarionALVRCommunication systemsDual listed on NASDAQ
AposenseAPOSBiomedical engineering
Arad GroupARDWater technology
AudiocodesAUDCCommunication systemsDual listed on NASDAQ
BabylonBBYLSoftware
Bio-CellBCELBiotech holding company
BioLineRxBLRXBiomedical engineeringDual listed on NASDAQ
BrainswayBRINBiomedical engineering
Camtek Intelligent ImagingCAMTSemiconductorsDual listed on NASDAQ
Can-Fite BioPharmaCFBIBiopharmaceuticals
CeragonCRNTCommunication systemsDual listed on NASDAQ
Clal BiotechCBIBiomedical engineering
CommtouchCTCHSoftwareDual listed on NASDAQ
CompugenCGENBiomedical engineeringDual listed on NASDAQ
D-PharmDPRMBiomedical engineering
Elbit SystemsESLTAerospace & DefenseDual listed on NASDAQ
ElronELRNHolding companyDual listed on NASDAQ
EvogeneEVGNAgrotechnology
EZchipEZCHSemiconductorsDual listed on NASDAQ
Formula SystemsFORTHolding companyDual listed on NASDAQ
Gilat Satellite NetworksGILTCommunication systemsDual listed on NASDAQ
Given ImagingGIVNMedical imagingDual listed on NASDAQ
Hilan TechHLTCInformation technology
Intec PharmINTPBiomedical engineering
Itamar MedicalITMRMedical equipment
KamadaKMDABiomedical engineering
LivePersonLPSNSoftwareDual listed on NASDAQ
Magic Software EnterprisesMGICSoftwareDual listed on NASDAQ
Matrix ITMTRXInformation technology
MaytronicsMTRNWater technology
MellanoxMLNXSemiconductorsDual listed on NASDAQ
NICE SystemsNICEInformation technologyDual listed on NASDAQ
Nova Measuring InstrumentsNVMISemiconductorsDual listed on NASDAQ
O.R. TechnologiesORTCFuel retail-
ONE SoftwareONESoftware
OrbitORBISatellite communication
Orckit CommunicationsORCTCommunication systemsDual listed on NASDAQ
OrmatORMTRenewable energyDual listed on NASDAQ
Perion NetworkPERISoftwareDual listed on NASDAQ
PhotoMedex, Inc.PHMDBiomedical engineeringDual listed on NASDAQ
Pluristem TherapeuticsPSTIBiomedical engineeringDual listed on NASDAQ
Prior-tech GroupPRTCHolding company
PROLOR BiotechPBTHBiomedical engineeringDual listed on AMEX
Protalix BioTherapeuticsPLXBiomedical engineeringDual listed on AMEX
RadvisionRVSNCommunication systemsDual listed on NASDAQ
RetalixRTLXSoftwareDual listed on NASDAQ
Silicom Connectivity SolutionsSILCInformation technologyDual listed on NASDAQ
SpectronixSPCTFire detection systems
Tower SemiconductorTSEMSemiconductorsDual listed on NASDAQ