Human Security, a bot mitigation and fraud detection platform for enterprises, is merging with PerimeterX, a company focused on safeguarding web apps from account takeover and automated fraud. As part of the deal, Human said that it has received a USD 100 million debt facility from Blackstone Credit, which follows seven months on from a USD 100 million […]
Author: Idan Nishlis
Peregrine Ventures, an investment firm focused on healthcare opportunities, has announced the establishment of a consortium of leading companies and research institutes that have joined its Incentive Technology Incubator. The consortium will jointly develop and invest over NIS 300 million (approximately $90 million) in start-ups and graduates of Peregrine’s technology incubator.The new members of Peregrine’s […]
Airoboticsbhas been bought by US company Ondas through a reverse triangular merger that is expected to close in H2 2022. Once valued at USD 240 million, the company is being sold for less than half its IPO valuation last summer. Airobotics, which develops autonomous unmanned aircraft systems (UAS) and automated data analysis and visualization platforms. […]
This past week, those who own property in the UK (or those who are looking to buy) through a foreign corporate entity will need to list under a new registry according to recent UK legislation. David Prais, Partner and Head of Asserson’s Property Team, provides a brief Q&A on this topic. What is the new […]
In this new weekly section, we profile the driving force behind Israel Desks firms, as we catch up with the prominent leaders of the global law firms with Israel Desks: This week – Marc Landis, Managing Partner and Co-Chair of Phillips Nizer’s Israel Practice Group. You have had an Israel Desk and team for some […]
French-Italian eyewear company EssilorLuxottica has acquired Kibbutz Shamir’s remaining 50% stake in ophthalmic lens technology company Shamir Optical Industry Ltd. in a deal estimated in the hundreds of millions of dollars. Yigal Arnon – Tadmor Levy advised EssilorLuxottica, led by Barry Levenfeld, with Corporate partner Liron Hacohen, Tax partner Ofir Levy and associate Ofir Paz, IP […]
Shikun & Binui Energy is to raise NIS 555 million in its IPO on the Tel Aviv Stock Exchange (TASE) – the biggest IPO on the TASE so far this year – although the valuation is less than half that planned for by Shikun & Binui Energy when it began the public offering process almost […]
ARGIS has invested approximately NIS 500 million in an office building in Bilbao, Spain, through a dedicated SPV held 49% by Meitav Investment House. Herzog‘s fund team has accompanied ARGIS and its ARGIS Opportunity fund that invests in real estate in Spain. Attorney Gal Sasson leads the formation of the SPV and the negotiations with […]
US video platform Panopto reports has revised its bid to buy Israeli video cloud platform Kaltura. The revised bid is for USD 3 per share, which values Kaltura at USD383 million. Kaltura provides video management systems for businesses, media organizations and universities. The company was founded in 2006 by CEO Ron Yekutiel, Dr. Michal Tsur, Dr. […]
Israeli lidar start-up Innoviz has struck a deal reported to be worth USD 4 billion with Volkswagen to supply advanced ADAS features for its next generation of automated vehicles. The deal will run for eight years starting “mid-decade”, when the first Innoviz-equipped Volkswagen group vehicles are expected to ship. Innoviz expects to supply units for between 5-8 […]
