Alcon is acquiring Belkin Vision, which has developed laser-based technology for glaucoma treatment for up to USD466 million, including an immediate payment of USD81 million and a further USD385 million in milestone payments according to the product’s success on the market. Arnon, Tadnor-Levy’s Ezra Gross led the representation of Alcon, with support from Nataly Margalit […]
Author: Idan Nishlis
Isracard will provide a cumulative line of credit of up to NIS 200 million to Credit 24, a fintech company that has developed machine learning and artificial intelligence technologies. Founded in 2015, Credit 24 has developed a technological platform for providing consumer credit based on artificial intelligence and machine learning, which enables automatic analysis of […]
Doral Renewables LLC, a leading U.S. developer, owner, and operator of renewable energy and storage projects, announced a USD400 million minority equity investment by Dutch pension APG, on behalf of the largest Dutch pension fund ABP. Doral is a U.S.-based joint venture owned by the Doral Renewal Energy Resources Group, a publicly traded Israeli renewable […]
This week saw the Women in Business Law Awards gala celebration at The Waldorf Hilton in London. The gala ceremony saw the culmination of months of research into the leading women attorneys and law firm initiatives, having drawn upon firm submissions and client feedback from throughout the region. Lipa Meir & Co.’s Tzipi Iser Itsiq […]
In 2021, kibbutz industry revenue exceeded NIS 50 billion, marking a 4.6% increase from the previous year. Revenue per worker was estimated at NIS 1.5 million, higher than the Israeli industry average of NIS 1.2 million. Read this Globes report into the kibbutz sector.
Following October 7 attack, there have been many initiatives of support around the country. One of them aims to prevent the young individual survivors of that day from falling into a cycle of dysfunction, dependence, and neediness. The Rishphon Healing Space and the Youth of Light Association have developed a special vocational training program for […]
In the Spotlight: In our ‘In the Spotlight’ table, we catch up Alexander Gold, head of the firm’s Israel Desk. What are the primary strategic objectives for the Israel-focused legal team in the upcoming year, and how do they align with the overall goals of the global law firm? Our strategic objective has changed since October […]
Isracard will provide a cumulative line of credit of up to NIS 200 million to Credit 24, a fintech company that has developed machine learning and artificial intelligence technologies. Founded in 2015, Credit 24 has developed a technological platform for providing consumer credit based on artificial intelligence and machine learning, which enables automatic analysis of […]
Software company Entrata acquired its second company in a year with the acquisition of the rental industry’s Colleen, which provides artificial intelligence-based tenant communications and leasing operation support. This is Entrata’s second acquisition in 12 months, having bought Rent Dynamics in July 2023. According to Entrata, incorporating Colleen AI into its operating system will further […]
Dor Alon is buying 75% of the Kafu Zan Group, the veteran company and a leader in manufacturing, importing and marketing. Valuing the target at NIS 200 million, this acquisition will enable Dor Alon to significantly expand its activities in the food sector, while creating a significant competitive advantage and strengthening its position as a […]