The acquisition price has not been disclosed, but it is estimated at $300 million, which represents a handsome return for investors in the Tel Aviv-based startup.
Iran will be fearful for the fate of its nuclear program, bearing in mind Trump's previous decision to walk away from the nuclear agreement in 2018 and renew sanctions. Politics
Alternative investments manager Hamilton Lane co-CEO Juan Delgado says Israel’s lower valuation environment provides ideal investment opportunities. Financial services
What Israelis need to know about the Labour government's first budget. Economy
Elad Raz, CEO of Israeli chip unicorn NextSilicon insists that the company's new Maverick chip beats Nvidia's chips in terms of performance-to-power-consumption ratio. Start ups
Iron Beam, which unlike rival laser systems can intercept a cruise missile, has gone into serial production. "Globes" examines the implications for Israel's air defenses. Aerospace & defense
The public's holdings of liquid monetary assets are growing rapidly, partly because of high transfer payments, which could push up prices when pent-up demand is released. Economy
Intel's layoffs coincide with major expansion in Israel by its rival Nvidia, which is taking advantage of the situation. Employment
Israel has effectively warned Iran to cease and desist, but it needs to understand the signals from the US as well.
Recommendations by the Supervisor of Banks to allow more banking competition would grant even more business to Israel's already powerful insurance companies. Financial services
"Globes" examines why prices have risen 40% over the past year for the healthy, delicious and traditional staple. Economy
NTA Metropolitan Mass Transit System CEO Itamar Ben Meir believes that the Tel Aviv light rail Green Line, will open later than the already postponed date of the end of 2028. Transport & infrastructure
Wolt Israel CEO Lior Eshkol is leaving to lead strategic expansion for Wolt and DoorDash worldwide. She tells "Globes" how she expanded Wolt from a Tel Aviv restaurant app to a nationwide courier retail service. Retailing
This year's crop includes technologies from underground mapping to metabolism monitoring to autonomous tractors, and of course features plenty of AI. Start ups
Will everyone get the hints?