Category: Israeli
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Salesforce buys Israeli data management co Zoomin
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US cloud software giant Salesforce (NYSE: CRM) announced that it has signed a definitive agreement to acquire Israeli data management company Unstructured Data Zoom inNo financial details were disclosed, but estimates put the value of the acquisition at between $400 million and $500 million. The acquisition comes less than three…
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Playtika buys Israeli gaming co SuperPlay for up to $1.95b
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Israeli mobile game developer Playtica Holding Company PLTK (NASDAQ:PLTK) announced that it will acquire the Israeli-based mobile gaming company Super play The deal is valued at $700 million, plus an additional $1.25 billion in contingent consideration, subject to the achievement of certain financial targets over three years, adjusted for EBITDA…
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Playtika buys Israeli gaming co SuperPlay for up to $1.95b
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Israeli mobile game developer Playtica Holding Company PLTK (NASDAQ:PLTK) announced that it will acquire the Israeli-based mobile gaming company Super play The deal is valued at $700 million, plus an additional $1.25 billion in contingent consideration, subject to the achievement of certain financial targets over three years, adjusted for EBITDA…
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Israeli startup Mine appoints 5 top execs in major expansion
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Israeli startup specializing in data privacy royal Mine has announced the appointment of five senior executives to its leadership team. Mine, which raised $30 million in a Series B funding round last December, develops privacy and data protection solutions for businesses and consumers. The new appointments are aimed at accelerating…
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Israeli startup Mine appoints 5 top execs in major expansion
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Israeli startup specializing in data privacy royal Mine has announced the appointment of five senior executives to its leadership team. Mine, which raised $30 million in a Series B funding round last December, develops privacy and data protection solutions for businesses and consumers. The new appointments are aimed at accelerating…
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Israeli from start to finish: Intel unveils Lunar Lake CPUs
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Intel Corp.’s (NASDAQ: INTC) board meeting in mid-September is fast approaching, and the CEO’s plans to solve the company’s liquidity problems continue to leak to the press and media. Last week, Bloomberg reported that Intel was considering splitting into two separate companies, one dealing with chip development and the other…
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Three Lebanese medics killed by Israeli strike, Hezbollah retaliates By Reuters
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CAIRO (Reuters) – Three Lebanese paramedics were killed and two others wounded, one of them critically, in an Israeli attack while they were extinguishing fires in the southern Lebanese town of Faroun, the Lebanese Health Ministry said on Saturday. “The Israeli occupation forces targeted a Lebanese civil defense team while…
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Publicly traded Israeli defense companies see boom in orders
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The war that broke out in Israel last year is just one arena of geopolitical conflict around the world in recent years. Before October 7, of course, there was the start of the war between Russia and Ukraine, as well as growing concerns in East Asia about China’s growing power.…
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Salesforce buys Israeli data protection co Own for $1.9b
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US cloud software giant Salesforce (NYSE: CRM) announced that it has signed a definitive agreement to acquire Israeli data protection and data management services company king (Formerly known as OwnBackup). Salesforce says it will pay about $1.9 billion in cash, the net value of the 10% stake it currently holds…
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Azerbaijan tax breaks tempt Israeli tech firms to relocate
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Among the incentives offered to Israeli startups that choose to move to Azerbaijan are full exemptions from corporate tax, purchase tax, property tax and profits tax for ten years, as exclusively revealed by Globes. The decision by a Shiite Muslim-majority country to take such a step during the current war,…
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Israeli fire kills dozens in Gaza, polio vaccinations in full swing By Reuters
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Written by Nidal Al-Maghribi CAIRO (Reuters) – Israeli forces killed at least 48 Palestinians in the past 24 hours across the Gaza Strip as they tried to repel an offensive by Hamas-led militants, Palestinian officials said on Monday, while medics conducted a second day of polio vaccinations for children in…
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Israeli startups raised $200m in August
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Collecting Credit Dollars: Shutterstock Israel Land Authority issues tender to build over 7,000 housing units in Sde Dov Histadrut calls for general strike on Monday in protest of hostage deal The lower amount in August reflects a recent trend of higher amounts being raised by private tech companies in Israel.…
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Body of Israeli soldier abducted on Oct 7 recovered, military says By Reuters
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JERUSALEM (Reuters) – The body of a soldier abducted by militants from Gaza on Oct. 7 has been rescued and brought to Israel, the Israeli military said on Wednesday. The army said the rescue operation took place overnight, and that his name would not be published at the request of…
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Israeli strike kills four fighters on Syria-Lebanon border, security sources say By Reuters
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BEIRUT (Reuters) – An Israeli drone strike on a car crossing a Syrian checkpoint near the border with Lebanon on Wednesday killed three Palestinian fighters and one member of the Lebanese militant group Hezbollah, two security sources told Reuters. The sources said the vehicle was not carrying weapons. There was…
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Israeli strike kills four fighters on Syria-Lebanon border, security sources say By Reuters
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BEIRUT (Reuters) – An Israeli drone strike on a car crossing a Syrian checkpoint near the border with Lebanon on Wednesday killed three Palestinian fighters and one member of the Lebanese militant group Hezbollah, two security sources told Reuters. The sources said the vehicle was not carrying weapons. There was…
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Check Point acquires Israeli co Cyberint for $200m
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Israeli Cyber Security Check Point Software Technologies Co., Ltd. (NASDAQ: CHKP) announced the acquisition of an Israeli company specializing in threat intelligence and digital protection. Cyber IntNo financial details were disclosed, but market sources estimate the acquisition is for about $200 million in cash — a reasonable return for investors…
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Check Point acquires Israeli co Cyberint for $200m
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Israeli Cyber Security Check Point Software Technologies Co., Ltd. (NASDAQ: CHKP) announced the acquisition of an Israeli company specializing in threat intelligence and digital protection. Cyber IntNo financial details were disclosed, but market sources estimate the acquisition is for about $200 million in cash — a reasonable return for investors…
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US demands Israeli recognition of its standards
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The Knesset recently passed a series of import reforms under the title “What’s Good for Europe is Good for Israel,” but what about what’s good for the United States? The reform, which recognizes European regulations and standards for a wide range of products, including food, cosmetics, and electrical goods, in…
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Johnson & Johnson buys Israeli co V-Wave for up to $1.7b
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Healthcare giant Johnson & Johnson (NYSE: JNJ) today announced that it has entered into a definitive agreement to acquire an Israeli company V wavewhich has developed an innovative treatment for patients with heart failure. Johnson & Johnson will provide an upfront payment of $600 million, with the possibility of additional…