Ron Hadassi  photo: Eyal Izhar Elbit Imaging to sell shares in Elbit Medical

Elbit Imaging has agreed to sell up to 50% of Elbit Medical to Exigent Capital at a 6% discount.

Datorama  photo: PR What makes Datorama worth $850m to Salesforce?

Datorama has grown rapidly into a company with significant revenue and major customers, but its contribution to Salesforce lies ahead.

Ran Sarig, Efi Cohen photo: Shlomi Yosef Salesforce buys Israeli marketing analytics co Datorama

The price is estimated at $850 million. Datorama's Israeli employees will join Salesforce's Marketing Cloud development team.

Yosi Fait Telit sells automotive division for $105m

The buyer is Chinese company TUS International. Completion of the deal is expected by year-end.

Shevi Shemer  photo: Shlomi Yitzhar Union Bank names Shevi Shemer CEO

Shemer, currently The head of the bank's retail division, will replace Israel Trau, who resigned after Union Bank's merger with Mizrahi Tefahot Bank was barred.

Ishay Davidi FIMI mulls buying plastic packaging co Plastopil

77% of TASE-traded Plastopil is owned by Kibbutz Hazorea.

Orbotech CEO Asher Levi, photo: Eyal Yitzhar Orbotech shareholders approve acquisition by KLA-Tencor

The South Korean Supreme Court dismissed an appeal against Orbotech in an intellectual property case.

Exit Photo: Thinkstock Israeli tech exits: 2 mega deals but basic trend down

Excluding Orbotech and NDS, the average exit deal in the first half of 2018 was down nearly 50% compared with 2015 and 2016.

Gillon Beck photo: Shlomi Yosef FIMI buys 50% of Bird Aerosystems

Herzliya-based Bird Aerosystems is a global supplier of air defense systems.

Lilach Asher-Topilsky Discount Bank joins race to acquire Dexia Israel

Discount Bank subsidiary Mercantile Discount Bank announced its intention of bidding for the controlling interest.

Daniel Ayalon  photo: Kfir Ziv Highland Capital mulls bid for Bezeq

Highland Capital Management, represented in Israel by former Israel ambassador to the US Daniel Ayalon, has informed Internet Gold of its interest in buying the latter's Bezeq stake.

Shalev Hulio and Omri Lavie  photo: Eyal Izhar NSO: Cyber weapon co sale to Verint in jeopardy?

Verint was reportedly about to buy NSO at a $1 billion valuation.

Bar Refaeli Photo: PR Castro gears up to face Amazon

Merging with Hoodies gives Castro the size and variety needed to compete in today's fashion market.

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