Major tech giants Intel and Siemens have pulled out as sponsors of the Web Summit conference.
Siemens told Insider that it's not attending due to "recent developments surrounding Web Summit."
AdvertisementAdvertisementIntel and Siemens are pulling out as sponsors of Web Summit after its CEO and cofounder, Paddy Cosgrave, criticized the West's support for Israel, the companies confirmed to Insider.
The multinational companies told Insider they're withdrawing from the European tech conference, which is set to take place in Lisbon next month.
"Following recent developments surrounding Web Summit, we have reviewed the situation and determined that Siemens will not to attend in 2023," German tech firm Siemens told Insider in a statement Thursday.
Persons:
it's, —, Paddy Cosgrave, I'm, Cosgrave
Organizations:
Intel, Siemens, Web, Service, Israel
Locations:
Israel, Lisbon