Imho this is somewhat a dead place. There might be a big chunk of semiconductor companies over there (what is the reason that Apple opens up there I guess) but brains wise it's a bad place. It's virtually impossible to hire good developers over there because everybody is located in the center from the beginning or moved to the center because there is no companies in the Haifa to work for (Intel, IBM, Microsoft, Google, Yahoo, Elbit,NDS, Philips, GE, Zoran doesn't really count as work places for most of the people)