The law imposes new requirements on businesses, including mandatory Data Protection Officer (DPO) appointments for entities handling sensitive or large-scale data, and mandatory registration with the Privacy Protection Authority (PPA) for databases exceeding 100,000 records. The PPA gains expanded enforcement authority, including powers to freeze or delete databases, conduct criminal investigations, and impose fines without court approval.

Penalties include administrative fines of up to NIS 320,000 per violation (and NIS 640,000 in aggravated cases), criminal sanctions of up to 3 years’ imprisonment, and civil liability with statutory damages of up to NIS 65,000. Businesses face heightened risk exposure and are urged to audit data assets, update privacy protocols, appoint DPOs, and ensure employee compliance training.

Read more in Globes.

The post Israel Enacts Strict Privacy Reform appeared first on Israel Desks.

Over six years, the systems will be integrated into Germany’s Airbus A400M military transport aircraft, enhancing protection against missile threats using laser and infrared tracking capabilities.

Awarded by Germany’s Federal Office for Equipment, Information Technology and In-Service Support, the deal follows Airbus selecting Elbit as its preferred supplier.

The fully autonomous DIRCM system detects, tracks, and neutralizes incoming threats without affecting aircraft performance or cargo capacity. Elbit already deploys the technology across multiple countries, including Israel, Italy, the Netherlands, and Brazil, and across platforms such as the Airbus A330.

Read more in Ynet.

The post Elbit Wins USD260M German Contract appeared first on Israel Desks.

Both companies are leveraging their expertise in missile interception and directed-energy systems to offer cutting-edge solutions for the space-based platform. Their participation could reinforce the US-Israel defense alliance and embed Israeli innovation at the core of a next-generation global security network.

The Golden Dome represents one of the largest defense investments in US history and a strategic shift toward orbital deterrence.

Read more in Globes.

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The expansion, valued at NIS 425 million (approximately USD 126 million), is scheduled for completion within three and a half years. This marks a major milestone for BlueGen and reflects a broader strategic push to strengthen Israel’s water infrastructure and long-term supply resilience in the country’s arid southern region.

The project underlines BlueGen’s growing role in Israel’s national water strategy, reinforcing the use of cutting-edge technology to address regional sustainability challenges.

Meitar partner Guy Kles represented BlueGen in the tender process.

The post BlueGen Wins Tender to Expand Eilat Desalination Plant appeared first on Israel Desks.

Hogan Lovells US LLP advised Commvault on the transaction, with cross-border counsel led by Zohar Nevo and Israeli legal support provided by Liron Hacohen of Arnon, Tadmor-Levy. On the sell-side, Itay Frishman of Meitar represented Satori.

This marks another strategic US-Israel tech deal as global demand grows for cybersecurity and AI-integrated solutions.

The post Commvault Buys Satori Cyber appeared first on Israel Desks.

The acquisition includes a 31% holding from FIMI Opportunity Fund and a 9% stake from Unitronics founder and chairman Haim Shani, who retains 5% of the company and remains chairman.

The transaction, which values Unitronics at NIS 390 million, forms part of Amber’s strategic expansion into global markets, positioning the company to expand into new markets across Asia, particularly India, South Korea, and Japan, while enhancing its reach in Europe and the Americas.

Shibolet Law Offices advised Amber on all legal aspects of the cross-border transaction. The team was led by partners Revital (Tali) Ben-Artzi, Gal Giladi, and Yonatan Cohen, who provided comprehensive support throughout the negotiation and execution of the share purchase and shareholders’ agreements.

This deal marks FIMI’s second exit from Unitronics, following a 25% sale in early 2024 to institutional investors including Mor Investment House. FIMI initially acquired 50% of Unitronics in 2016 for NIS 110 million

The post Amber Enters Israel with USD42M Deal – Marking First Investment Outside of India appeared first on Israel Desks.

CyberArk shareholders will receive USD45 in cash and 2.2005 shares of Palo Alto stock for each share held, reflecting a 26% premium. Expected to close in the second half of Palo Alto’s fiscal 2026, the deal significantly expands Palo Alto’s capabilities in privileged access management and reinforces its long-standing presence in Israel.

This acquisition comes amid a record-breaking year for Israeli tech exits, including Google’s USD32 billion purchase of Wiz, and reinforces the country’s reputation as a world leader in cyber innovation, talent, and R&D.

Arnon, Tadmor-Levy advised Palo Alto Networks, with a multi-disciplinary team led by Ben Sandler, Liron HaCohen, Michael Portman, Shai Margalit, Ofir Levy, Ayal HaCohen, Ofir Paz, Avi Anouchi, Neta Goshen-Barami, Eli Greenbaum, Miriam Friedmann, Yuval Shalheveth, Lihi Katzenelson, Yarden Alon, and Leah Grumet.

U.S. counsel was Wachtell, Lipton, Rosen & Katz, with the deal led by partners Edward Herlihy, Jacob Kling, Erica Aho (executive compensation), Justin Orr (IP), Gregory Pessin (finance), T. Eiko Stange (tax), and Christina Ma (antitrust).

Arnold & Porter acted as regulatory counsel, led by Jonathan Gleklen in the U.S. and Axel Gutermuth in Europe.

CyberArk was represented by Meitar, with counsel from Dan Shamgar, Shachar Hadar, Matthew Rudolph, Dr. Michael Bricker, Noa Haimi Cohen, Guy Elzam, Meital Koren, Assaf Steinberg, and Shira Azran.

Latham & Watkins advised alongside, led by Charles Ruck, Leah Sauter, and Julia Thompson, among others.

The post Palo Alto Networks to Buy CyberArk for USD25B appeared first on Israel Desks.

Sycamore Partners’ landmark acquisition of WBA—advised by Latham & Watkins—has global implications, but could there be ripples in Israel?

Through its long-standing partnership with Super-Pharm, many Boots-branded products are staples in Israeli homes. Any shift in brand strategy, distribution, or product lines under Sycamore ownership could impact Israeli retail and consumer goods markets.

More strategically, Walgreens’ investments in healthtech platforms (VillageMD, CareCentrix, Summit Health) align with sectors where Israeli startups excel—telemedicine, pharmacy logistics, diagnostics. If these assets are restructured or sold, opportunities may open for Israeli players as partners, vendors, or even buyers.

The post Sycamore Partners to Privatize Walgreens Boots Alliance appeared first on Israel Desks.

IAI produces advanced systems ranging from missile defense and unmanned aerial vehicles to aircraft for both military and civilian use. The company reported record profits of USD 416 million and sales of USD 4.4 billion during the first nine months of 2024, with an order backlog of USD 25 billion by September’s end.

A ministerial committee approved the sale of up to 49% of IAI in 2020, but labor negotiations and market timing delayed the process. IAI is now technically ready to list and awaits final governmental consent. The offering is expected to attract significant interest from both Israeli and global investors.

Read more in Globes.

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Israel’s infrastructure leaders convened at the National Economic Conference to share how the country’s critical systems remained functional during wartime, reinforcing the importance of resilience, strategic investment, and adaptability. Hezi Halavia, Chairman of Israel Ports Company, emphasized the need for redundancy, skilled staff, and cyber defenses to keep ports running under threat. Amit Lang, CEO of national water utility Mekorot, detailed how its infrastructure maintained uninterrupted supply during power outages, thanks to built-in redundancies and smart systems.

Niv Sever, EVP at energy company Edeltech, called for accelerated approval of power plants to meet surging demand from sectors like AI and high tech. Yodfat Afek Arazi, Chairwoman of urban transit firm NTA, shared how light rail stations were rapidly converted into bomb shelters, showcasing coordination with local authorities.

The panel concluded that long-term planning, flexible infrastructure, and targeted investment are essential to national stability during crises.

Read more in Calcalist Tech.

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