In yet another deal in the vibrant gaming sector, French gaming company Voodoo has agreed to buy Israeli gaming co Beach Bum for an amount between USD 200-300 million, according to a report in Globes. Beach Bum, which has developed digital board games backgammon, rummy and spades, is based in Ra’anana and had grown rapidly […]
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Valens Semiconductor, Ltd. (“Valens”), a premier provider of high-speed connectivity solutions for the audio-video and automotive markets, has completed a business combination with SPAC, PTK Acquisition Corp. The company is now traded on the NYSE, with a USD 1.16 Billion valuation. Founded in 2006 and based in Hod Hasharon, Israel, Valens was represented by a […]
Motorola Solutions sells Agent Video Intelligence, a Motorola portfolio company to Irisity AB, a Swedish video analytics company traded on NASDAQ. Agent VI has developed smart systems for identifying irregularities using video camera at airports, power stations, college campuses, smart cities and more. Motorola was represented by Erdinast, Ben Nathan, Toledano & Co. with Hamburger Evron […]
Last year was considered a golden age of IPOs for Israeli startups and tech companies. Biotech hadn’t typically been part of that trend. No more. From January to August 2021, there were 65 biotech companies listed in the U.S., while in all of 2020 there were just 71 such offerings. In an article in Calcalist, […]
Akamai Technologies is acquiring Israel-based Guardicore, as it looks to extend its Zero Trust solutions to help stop ransomware. H-F & Co. represented Akamai Technologies, together with lawyers at WilmerHale. The H-F team comprised Yuval Oren, Noy Talmi, Omri Talmon, Orly Charas, Danielle Skald, Yana Sheinberg, Yona Schwebel, Guy Landau and Hili Shapiro. The Meitar […]
Taylor Wessing has advised Shore Capital and Stifel on USD 354 million placing and retail offer for Kape Technologies plc., a leading B2C digital security provider, offering a suite of solutions to protect consumers’ digital lives. The capital raise was structured as an accelerated bookbuild placing, and was supported by new and existing institutional shareholders, […]
Korean giant LG has made its first acquisition in Israel, buying 64% of cybersecurity for vehicles company Cybellum Technologies for USD 140 million. The deal values Cybellum at USD 220 million. The investors are selling their shares, but the entrepreneurs and employees are retaining the remaining 36%. In addition, LG is investing a further USD […]
EJF Acquisition Corp., a publicly traded SPAC company, is to enter into a business combination with fintech company, Pagaya Technologies, Ltd. on the largest Israeli SPAC transaction to date. Pagaya enables financial institutions to expand access to more customers through its artificial intelligence network, and has raised USD 146 million to date including USD 102 […]
Introducing the launch of Shibolet ESG – Shibolet Consulting Ltd. a dedicated ESG and Sustainability consulting service, which will help business corporations, government officials, public organizations and individuals in building an ESG strategy, implementing sustainability goals, and understanding the various local and global regulatory challenges in the field. ShiboletESG is headed by Dr. Liad Ortar, a leading expert with […]
Herzog Fox & Neeman landed Israel Tax Firm of the Year. Gornitzky & Co. took the prize for Transfer Pricing Firm of the Year and boutique Shekel & Co. won Tax Disputes Firm of the Year. The full results can be seen here.
