Venture capitalists are increasingly drawn to founders with experience in Israel’s elite military cyber unit, Unit 8200, known for its expertise in cybersecurity and cyberwarfare. Alumni of the unit have established numerous successful cybersecurity companies and have also become influential venture capitalists, mentoring the next generation of tech entrepreneurs. At least five U.S.-listed companies founded […]
Author: Idan Nishlis
Partners in the Aphrodite natural gas field, including Israel’s NewMed Energy, have submitted an updated development plan to the Cypriot government, valued at USD 4 billion. The plan outlines the production and processing of gas from the reservoir, which is located offshore Cyprus. NewMed Energy, which holds a 30% stake in the field, stated that […]
A recent survey of the outbound business development and marketing initiatives of Israeli corporate law firms illustrate useful results for fostering closer relationships. In the survey – conducted by Nishlis Legal Marketing – over half of Israel’s law firms (55%) said they refer work to international law firms based on an existing relationship, almost two-thirds of domestic […]
Credito IPOs Ltd. has completed the first public RMBS Transaction in Israel. This groundbreaking transaction securitizes a NIS 450 million mortgage portfolio secured by first ranking security over residential properties. The senior notes received AAA.il rating from S&P Maalot and will be listed for trading on the Tel-Aviv Stock Exchange (symbol CRDT). Based in Israel, […]
Medica Excel, a private medical center network, is set to acquire Raphael Hospital in Ramat HaHayal, Tel Aviv, which will become its fifth medical center. Simultaneously, Leumit Health Care Services will acquire a 20% stake in Medica Excel, based on an equity valuation of NIS 800 million, according to media reports. The transaction is currently […]
Nasdaq-listed Check Point Software has entered into a definitive agreement to acquire Cyberint, a pioneering provider of External Risk Management solutions. According to Calcalist, the deal is estimated at USD200 million. This will be Check Point’s 22nd acquisition and the 10th Israeli company it has acquired in the last six years. The Israeli startup specializes […]
Listed on the TASE, Israeli company Turpaz Industries Ltd., a specialist in flavor and fragrance extracts, has acquired 100% of the share capital of British flavor company Flavors and Essences UK Limited (F&E) for GBP 22 million from IFF. Established in 1998, F&E focuses on developing and marketing flavor extracts for products such as vaping, […]
The U.S. federal court’s ruling that Google is an illegal monopoly in the search industry marks a significant moment in the Biden administration’s effort to combat monopolistic practices by major tech companies. Although the court has yet to decide on specific actions, such as breaking up Google or curbing its anti-competitive behavior, the decision underscores […]
Israel has ranked fourth in the top 10 countries considered most advanced in artificial intelligence (AI), according to a recent study conducted by the company ZeroBounce. The study placed ten countries on the list in the following order from 1 to 10: the United States, China, the United Kingdom, Israel, Canada, Germany, India, France, South […]
OPSWAT, a global leader in critical infrastructure protection cybersecurity solutions, has acquired InQuest, a prominent cybersecurity provider known for its Deep File Inspection and RetroHunting technologies. InQuest is highly regarded for protecting the United States Department of Defense (DoD) customers with its network appliances that peer up to and beyond Layer 7, and combined with […]
