mergers and acquisitions

Compass Datacenters designs and constructs data centers for some of the world’s largest cloud services providers in North America. (Courtesy)

June 20, 2023, 8:44 pm

Azrieli to sell stake in US data centers firm for about NIS 3.2 billion

Real estate developer expects to record a pre-tax gain of NIS 1.3 billion from the sale of the 32.5% stake

By Sharon Wrobel

Snyk's leadership team from left to right: Assaf Hefetz, founder and CTO, Guy Podjarny, founder and president, Peter McKay, CEO, and Danny Grander, founder and security lead. Courtesy

June 8, 2023, 6:38 pm

Israeli-founded cyber unicorn Snyk buys local application security startup

Tel Aviv-based Enso Security, founded by former Wix application security experts, says its platform helps enterprises deal with the chaos of securing software applications

By Sharon Wrobel

BlackRock's office in the Hudson Yards neighborhood of New York City. (AP Photo/Ted Shaffrey)

June 8, 2023, 3:05 pm

BlackRock snaps up provider of loans to Israeli and European startups

With offices in Israel, Kreos lends to startups including Israeli taxi-hailing app Gett, energy tech firm SolarEdge, and biotech firm BiolineRX

By Sharon Wrobel

An undated photo of a Stratasys F900 3D printer. (Business Wire via AP)

June 4, 2023, 7:01 pm

Israel’s Stratasys gets counterbid offer from another US 3D-printing firm

3D Systems merger proposal comes after Stratasys recently announced $1.8 billion deal with Desktop Metal; Stratasys shares rise on Nasdaq

By Sharon Wrobel

May 17, 2023, 1:28 pm

IBM buys Israeli cybertech startup to automate cloud data protection management

Polar Security is IBM’s fifth acquisition in 2023; Israeli startup’s technology automates the detection, classification, and flow of sensitive data across cloud environments

By Sharon Wrobel

Israeli startup Autotalks develops chipsets that allow vehicles to communicate or “talk” with one another, and connect to road infrastructure. (Courtesy)

May 8, 2023, 4:28 pm

US chip giant Qualcomm to buy Israeli road safety tech startup Autotalks

Autotalks chipsets that allow vehicles to ‘talk’ with one another will be integrated into Qualcomm’s safety technology platforms for automotive manufacturers

By Sharon Wrobel

Envoy Technologies has created an on-demand EV sharing service charging drivers by the hour or by the day by using a mobile app. (Courtesy)

April 27, 2023, 4:34 pm

Israeli-founded EV sharing startup Envoy bought by Blink Charging in $34m deal

Startup’s electric car sharing platform is used at apartment buildings, hotels and workplaces; deal comes as tech startups struggle to raise funds

By Sharon Wrobel

People walk past a Ladbrokes betting shop in London, Wednesday June 22, 2016. (AP Photo/Leonora Beck)

April 5, 2023, 2:17 pm

Ladbrokes owner Entain snaps up Israeli livescore sports media firm in $160m deal

365scores mobile live app covers 10 sport categories across 2,000 competitions globally, providing users with live push notifications and feed on results and personalized news

By Sharon Wrobel

Illustrative. Cybersecurity technology. (Stock Depot via iStock by Getty Images)

March 30, 2023, 4:58 pm

US tech giant Cisco to buy Tel Aviv cybersecurity startup Lightspin

Startup set up in 2020 has raised $25 million in funding to build cloud security platform; deal said to be valued at $200-$250 million

By Sharon Wrobel

Fashion and home design retailer Golf & Co. Group has about 330 stores in central locations throughout Israel. (Nati Shohat/ Flash 90)

February 14, 2023, 3:59 pm

Delta Israel offers to snap up retail chain Golf in an all-cash deal

Delta seeks to buy the retail textile, home design and fashion chain at a company valuation of NIS 425 million; Golf shares spike more than 70% in Tel Aviv trading

By Sharon Wrobel

An illustrative image of the Isracard app. (Times of Israel staff)

February 5, 2023, 5:56 pm

Israeli insurer Menora bids to buy control in Isracard at NIS 3.07b valuation

Offer reflects 31.7% premium on credit card company’s closing stock price on Thursday; in January Harel Insurance made a bid to buy Isracard for NIS 2.7 billion

By Sharon Wrobel

Israeli startup UpStay develops fully automated platform for personalized upgrades of hotel rooms. (Courtesy)

January 31, 2023, 9:14 pm

Canadian traveltech firm buys Israeli hotel upgrade startup UpStay, opens R&D center

Upstay’s system uses AI algorithms to send hotel guests personalized offers for upgrades; Canada’s Plusgrade says it plans to hire an additional 30 people for Israeli R&D center

By Sharon Wrobel

Founders of Israel-based startup Iguazio (from left to right) Yaron Haviv, Yaron Segev, Orit Nissan-Messing, and Asaf Somekh (Credit: Yanai Yehcieli/Courtesy)

January 23, 2023, 5:48 pm

McKinsey buys Israeli AI startup Iguazio, its first acquisition in the country

Global management consultancy firm says Israel has vibrant startup ecosystem, seeks further partnerships, acquisitions

By Sharon Wrobel

Traders work on the floor at the New York Stock Exchange in New York City, August 10, 2022. (AP/Seth Wenig)

January 10, 2023, 6:07 am

Investment in Israeli tech startups plunged by almost half in 2022, data shows

Cybersecurity firms suffered a 60% decline in funding, while seed investments grew by 22% in 2022, according to report by Start-Up Nation Central

By Sharon Wrobel

December 13, 2022, 5:34 pm

Israel’s Illusive gets snapped up by US cybersecurity firm Proofpoint

Proofpoint acquires Israeli cybersecurity firm that develops solutions to protect enterprises from cyberthreats such as identity-based data breaches

By Sharon Wrobel