IT
700 CyberArk employees to lose jobs after $25b exit
The dismissal process, seen by many employees as alienating and impersonal, raises questions about the human cost of huge tech deals and the cultural distance between Israeli companies and US tech giants.
Palo Alto Networks to list on TASE
Palo Alto Networks will become the most valuable company on the TASE, adopting the CYBR ticker to mark completion of its acquisition of CyberArk.
Raftt sues Wiz over ‘phantom’ acquisition
Raftt's suit in the Tel Aviv District Court claims Wiz mispresented that it had acquired Raftt for tens of millions of dollars. Wiz: We’re certain this suit will be deemed groundless.
Astera Labs opens Israel R&D centers
The US AI chip company will open offices in Ramat Gan and Haifa following a deal with chip company Pliops, which includes 60 of their employees.
Q.ai: Behind the $2b Apple acquisition
Israeli venture capitalist Eden Shochat tells the ‘science fiction’ story and inspired bet behind the Israeli startup that has become Apple’s second biggest-ever acquisition.