Mergers & acquisitions

Silk Security has developed a platform that allows data security managers to identify a range of vulnerabilities and repair them.

Tel Aviv-based Entitle has developed a privilege management solution that discovers, manages, and automates just-in-time (JIT) access and identity governance.

The reported $500  million acquisition price is below Noname Security's valuation in its last fund raising round.

Wiz has confirmed the $350 million acquisition of Gem Security, in which Team8 was one of the main investors.

According to Reuters, the company, which has a $1.8 billion market cap, has hired William Blair to find a buyer.

Turpaz Industries subsidiary Food Ingredients Technologies will pay $47.7 million for Clarys & Willich Group. The sellers will invest $20.6 million back in the buyer.

The Bank of Israel will not permit nonbanking credit company Nawi Brothers Group to control the credit card company with a stake of just 25%.

The acquisition of the Israeli vehicle chip company was canceled after a far reaching probe by the UK antitrust regulator.

"Globes" spoke to Run:ai founders Omri Geller and Ronen Dar several days before reports emerged that Nvidia is in advanced talks to buy the company.

The AI infrastructure company has raised $118 million and if the acquisition is completed it would be for many hundreds of millions of dollars.

"Globes" examines what is behind the recent spate of acquisitions and improved valuations for Israeli cybersecurity startups.

Avalor was founded only two years ago and has raised $30 million to date.

The company has 250 employees including 45 in Israel, mainly development and data experts, product managers and marketing staff.

All of Gem Security's 70 employees in Israel and the US will join Wiz, sources close to the deal have told "Globes."

"Had it not been for the war, there would have been a deal,” a source familiar with the details told “Globes”.

The unattended points of sale solutions company is buying VMtecnologia, and issuing 2.1 million new shares.

The Israeli company's share price jumped 150% on the news.

Flow Security's 30 employees will join the US cybersecurity giant.

By acquiring PaySpace, Deel becomes the first global payroll and Employer of Record (EOR) with its own full-stack payroll engine localized in 50 countries.

The company, which produces complex chemical products at a very high level of purity, is valued at NIS 290 million.

Negotiations are taking place at a valuation of $150-160 million, nearly 80% below taxi hailing app Gett's valuation in its aborted IPO.

Israel's biggest private equity firm will jointly control the transformer manufacturer.

The merger of the transcription companies would take place in collaboration with US investment bank Goldman Sachs and form a profitable company with $130 million annual recurring revenue.

In the face of the Competition Authority's opposition, the board of insurance group Harel has decided not to pursue the deal to buy the credit card company.

Harel is considering an appeal against the Competition Authority's nixing of the merger with the credit card company, while two other suitors await developments.

The Israeli digital content platform today announced it has acquired North American sports content distribution company STN Video.

The mega deal has been approved by the Bank of Israel and the Capital Markets, Insurance and Savings Authority, but, as feared, has fallen at the third regulatory hurdle.

India's Sun Pharmaceutical Industries will pay $43 per share for the 21.5% of Taro that it does not already own. Taro employs 1,550 people in Israel.

Snyk says the acquisition will further enhance its cloud-to-code risk visibility.

The Tel Aviv based cloud data protection company would likely sell for $60-80 million.