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Technion – Israel Institute of Technology, also known as הטכניון - מכון טכנולוגי לישראל , is an active public educational institute based in Haifa, Israel ,,. It was founded on January 1, 1924 and is an organization focusing on the industries of education, higher education, university, electronic design automation, and life science ,,,,. It is headquartered in Haifa, Israel , and the full address of its location is Technion City, Haifa 32000, Israel. Technion is accredited by the Ministry of Education of Israel .
The Institute has several subsidiaries, including Rappaport Faculty of Medicine, Levenberg Lab , and GTIIT . In addition to being a part of the Conference of European Schools for Advanced Engineering Education and Research , the Technion also acts as an investor . The Institute is involved in the electronic design automation industry and has a spinout company named H2Pro .