Israeli-founded cybersecurity firm SentinelOne is set to acquire California-based cyber company Attivo Networks, an identity security and lateral movement protection outfit, in a cash and stock transaction valued at USD 617 million. SentinelOne developed AI-based software that protects laptops and cellphones from security breaches by identifying unusual behavior in enterprise networks. The Mountain View, California-based […]
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Highcon Systems has successfully raised NIS 60 million by means of a private share placement. Founded in 2009 and headquartered in Yavne, Israel, Highcon has developed a unique and proprietary technology for digital cutting and creasing solutions for post print processes in the Folding Carton and Corrugated carton industry. The company successfully completed an Initial […]
SatixFy Communications has announced its merger agreement with Endurance Acquisition Corp. in a transaction valued up to USD 815 million that will result in SatixFy becoming a US publicly listed company. SatixFy is a vertically integrated fabless semiconductor chip company providing products based on in-house developed chips across the entire satellite communications value chain. Endurance […]
Those acquainted with Common Law will recognize many of the foundational principles of the Israeli legal system, alongside other formal and unwritten rules unique to Israel. Israel is a highly litigious state with the highest number of lawyers per capita. Traditionally, Israeli civil procedure embraces written submissions and affidavits (subject to cross examination), rather than oral arguments […]
Israel’s pioneering COVID-19 vaccination program received global media attention. What is less widely known, however, is that Israel utilized Bio-convergence principles to effectively respond to challenges presented by the pandemic. Yoheved Novogrodner Shoshan and Daniel Green, partners at Yigal Arnon& Co., give their valuable insights in this article, describing Israel’s unique position in the field […]
The SPAC phenomenon has spread to Israel, where regulators have now laid the foundation for local SPAC IPOs. In the first half of 2021, the top three M&A deals in Israel were SPAC transactions. Given Israel’s prowess in all things technology, it was only a matter of time before the SPAC phenomenon reached Tel Aviv. Colin […]
Women are underrepresented in the Israeli tech ecosystem, accounting for a consistent 30% or so of the high-tech workforce, an annual study by the Israel Innovation Authority (IIA) confirmed on Tuesday, International’s Women’s Day. The report said women were a minority at each stage of the path toward the high-tech industry and along their career […]
Israeli remote workforce management company Connecteam has announced the completion of a USD 120 million Series C financing round led by Stripes and Insight Partners and with the participation of existing investors Tiger Capital, Eyal Ofer’s OG Tech Partners, and Qumra Capital. The Yigal Arnon team, representing Connecteam, was led by Josh Hauser; the Consiglieri […]
FIMI Opportunity Funds has sold its holdings in Gilat Satellite Networks to Phoenix for USD 92 million, with Naschitz, Brandes, Amir advising FIMI on this strategic deal, led by Sharon Amir and Sharon Gold. The private equity fund has invested UDS 81.3 million in the satellite company since 2012. Following the transaction, Phoenix will hold close […]
Phytolon has entered a strategic collaboration with the U.S. company, Ginkgo Bioworks to work together on developing new yeast strains that will lead to high-quality natural colors, a solution for the F&B and cosmetics industries. Shibolet advised Phytolon – led by Tal Karplus, Ofer Ben-Yehuda, and Chen Nissim.
