Israeli digital intelligence company Cellebrite and TWC Tech Holdings II Corp. (Nasdaq: TWCT) have completed their SPAC merger in a transaction that gives Cellebrite a company valuation of appx. USD 2.4 Billion. The Petah Tikva-based company, which provides digital intelligence solutions to law enforcement agencies and governments, will begin trading on NASDAQ this week. Herzog Fox […]
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Israeli start-up Waycare Technologies has been acquired by U.S. public company Rekor Systems for $61 million, just five years after its founding. Waycare has developed a solution using AI to help government agencies with crash prediction, congestion detection, and incident management. Intelligent infrastructure is the foundation upon which smart cities are built and this acquisition […]
Gross & Co. expand their Environment and CleanTech practices with the addition of Tabib Geva & Co., a boutique law firm specializing in environmental protection and Clean Tech. Tabib Geva & Co. is headed by Adv. Merav Tabib and Adv. Merav Niv Geva, who will co-head Gross & Co.’s Environment and CleanTech department.
New cybersecurity regulations are currently being considered in the telecommunications sector. The Ministry of Communications promotes cybersecurity provisions that will apply to telecoms companies in a way that communications licensees will have to be equipped with high-level cybersecurity and recovery capabilities. The amendments proposed by the Ministry of Communications include detailed cybersecurity provisions in both […]
Gama Management & Clearing Ltd. (Gama) has successfully listed on the Tel Aviv Stock Exchange. Shibolet & Co. represented Gama in the successful IPO, which included a sale offer by its shareholders, and listing on the Tel Aviv Stock Exchange. The Company raised NIS 50 million, and the previous shareholders sold their shares for approximately […]
Michlol Finance has raised NIS 110 million through an IPO on the Tel Aviv Stock Exchange. Yigal Arnon & Co. represented the Israeli financing company, which has been recently focused on providing financing to real estate entrepreneurs, and following the IPO will expand its financing activity to new fields. The Yigal Arnon & Co team […]
Swedish gaming giant, Embracer Group has agreed to buy Israel’s CrazyLabs, a gaming start-up with over 4.5 billion downloads. CrazyLabs will continue to operate as an independent publisher under the Embracer umbrella and expected to significantly upgrade Embracer’s publishing and mobile content skills. Herzog advised Embracer Group, with partners Gilad Yacubovich and Dana Zur Neumann, […]
Expanding to Europe through the UK is a natural choice for Israeli start-ups. This was the theme of an article authored in CTech by Calcalist by Nathan Krapivensky and Josef Fuss of Taylor Wessing. Read this article here.
The London Stock Exchange has seen listings from exciting sectors such as cutting-edge life sciences companies and in the emerging medicinal cannabis space. New issuances have also allowed investors access to a truly global pool of companies, with companies listing from North America, APAC, the CIS region and Israel. Read the article here.
Following the recent announcement that ice-cream brand powerhouse Ben & Jerry’s announced that it will no longer sell its products in the “Occupied Palestinian Territories,” this has triggered the possibility of legal consequences in the United States for the ice-cream subsidiary and its parent company, Unilever. As law firm Asserson states in its update: “The […]
