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MERGERS & ACQUISITIONS

Avishai Abrahami Wix acquires Israeli online gift card co Rise.ai

Wix says that the acquisition will extend the Wix eCommerce platform, providing a full solution for merchants to manage customer re-engagement activities.

Pivot irrigation system  Valmont buys Israeli ag-tech AI co Prospera for $300m

The Tel Aviv-based company develops intelligent solutions to help farmers grow crops more efficiently.

Nahum Bitan / Photo: Shlomi Yosef Electra Consumer Products signs Yeinot Bitan acquisition deal

Electra Consumer Products and The Phoenix will together own 50.05% of supermarket chain Yeinot Bitan.

Shirbit insurance company building in Netanya / Photo: Tamar Matsafi, Globes Harel to buy Shirbit Insurance Co

Harel will pay NIS 100 million for Shirbit, which was seriously hit by a cyber attack last year.

Ofer Levinger White-Hat CEO Credit: Digital Drug EPAM acquires Israeli cybersecurity co White-Hat

White-Hat, which has been involved in managing some of the most high profile cybersecurity crises in Israel, has 65 employees in Tel Aviv.

Tzipi Ozer-Armon credit:Rami Zarnegar Behind the Lumenis makeover

Veteran Israel medical device company Lumenis had its ups and downs, but with Tzipi Ozer-Armon in charge, its value has gone one-way.

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