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MERGERS & ACQUISITIONS

Next Insurance founders Photo: PR Next Insurance buys AP Intego, doubling revenue

The Israeli digital insurance company declined to disclose any financial details about the deal but said that the acquisition will double revenue from $200 million annually to $400 million.

Tzipi Ozer-Armon CEO Lumenis Photo; Eyal Izhar Boston Scientific to buy Lumenis surgical division for $1.1b

Boston Scientific plans leaving Lumenis' surgical activities in Israel and expanding the Yokneam offices into a world center for laser surgery.

Curv founders CEO Itay Malinger and CTO Dan Yadlin.  / Photo: Netanel Tobias Digital assets security co Curv in talks for $200m exit

The Israeli startup has developed a platform for securely managing cryptocurrencies in the cloud.

Avishai Abrahami  / Photo: Shlomi Yosef , Globes Wix buys food ordering tech co SpeedETab

The acquisition will enhance the ability of the Israeli website construction tools company to help restaurant owners build an online presence.

Perrigo CEO Murray Kessler Photo: Perrigo PR Perrigo sells generics division for $1.55b to Altaris

Perrigo will now have no activities in Israel. The sale threatens 850 jobs in the Negev and the company might delist from the TASE.

Medical information Olympus buys Israeli co Medi-Tate for $300m

Medi-Tate, which develops minimally-invasive treatments for the lower urinary tract, will become the Japanese medical device company's Israel R&D center.

Gilad Japhet Francisco Partners to buy Israeli co MyHeritage

The US private equity firm is acquiring the genealogy platform for $600-700 million, sources estimate.

Eyal Ben Simon Regulator approves Phoenix takeover of Halman Aldubi

The Phoenix Holdings is buying investment house Halman Aldubi for NIS 275 million, almost double its valuation when it went public in 2017.

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