David Avgi  photo: PR "SafeCharge was my baby"

SafeCharge CEO David Avgi, who founded the payments technology company with Teddy Sagi, explains the rationale behind its sale to Canadian company Nuvei.

Yitzhak Tshuva Photo: Tamar Matsafi Centerbridge, Gallatin buy control of Phoenix from Delek

The two funds have signed a binding agreement and will pay NIS 575 million for a 32.5% stake in the Israeli insurance company.

Hagai Stadler Photo: Benny Deutsch Solabia buys Israeli microalgae co Algatechnologies

The French biotech group has acquired 80% of the company based at Kibbutz Ketura near Eilat.

Teddy Sagi Photo: Yonatan Bloom Canada's Nuvei to buy Sagi's SafeCharge for $889m

Controlling shareholder Teddy Sagi will receive $570 million for his stake in the Israeli payment solutions company.

High-tech Photo: Shutterstock Zebra buys Israeli retail analytics co Profitect for $100m

Profitect has developed a product that can track and identify inventory losses in stores.

Amir Orad and Harry Glaser Photo: Sisense Sisense buys US analytics platform Periscope Data for $100m

The Israeli business intelligence company will have over 700 employees and 2,000 customers after the merger.

Bezeq Photo: PR Searchlight set to gain control of Bezeq

A revised proposal by Searchlight Capital Partners is being put to the bondholders in Bezeq's parent company B Communications today.

ServiceNow acquires Israeli startup AppSee's IP and talent

The acquisition will add deep user analytics to ServiceNow's Now Platform and extend teh company's footprint in Israel.

Barak Rosen, Luzon investing NIS 17.5m in Panaxia

The investment is in stock exchange shell Herodium, into which cannabis company Panaxia Israel will be merged.

Guy Bernstein Photo: PR Magic Software buys US co PowWow

The purchase price for the San Francisco-based low-code platform company is estimated at $15-20 million.

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