UK-listed Alphawave IP has bought Banias Labs for USD 240 million and now owns 100% of the company’s share capital. Yigal Arnon – Tadmor Levy advises Tel Aviv-based Banias Labs, which is a leading provider of coherent optical DSP semiconductor technology. Advice was provided by Orly Tsioni, Odelia Sidi, Kobi Ben Chitrit, Miriam Freidmann, Eli Greenbaum, […]
Uncategorized
Shikun & Binui Holdings Ltd.’s fully-owned unit Bereshit Ofek Rahav has been selected by the IDF Tenders Committee to build and operate the Ofek Rahav army base in Ramle. The company will plan, build and operate the base over 25 years. The Ofek Rahav base will be the IDF’s largest multi-division base and will include […]
Israeli insurtech company Vesttoo has completion of an USD 80 million Series C financing round, at a company valuation of USD1 billion (after money). The financing round was led by Mouro Capital with the participation of Gramercy Ventures, Black River Ventures (BRV) and Hanaco Ventures. The latest funding fuels its global expansion plans in a market ripe […]
KIRKBI A/S, the family-owned holding and investment company of the LEGO brand, and BrainPOP, a leading educational technology business, announced that they have entered into a definitive agreement for KIRKBI to acquire 100% ownership of BrainPOP. The edtech company, founded by former pediatrician and immunologist Avraham Kadar, develops short, animated movies for kids that aim […]
The past year has been great for the development of innovative technologies in Israel. A brief look at the numbers shows that the end of 2021 marked a record high in the money raised within the hi-tech sector – an unprecedented USD 25 billion, representing a 136% increase over 2020, and a tenfold increase in […]
In a high-stakes battle over e-commerce technology, a Fox Rothschild Litigation team led by partners Richard Scharlat and Ellie Barragry, along with associate Michael Burke, successfully blocked an injunction sought by Route App, Inc., the world’s leading provider of package tracking and shipping insurance services for e-commerce merchants. Fox represents Marc Heuberger, an Israel-based e-commerce consultant […]
Following months of intense negotiations, a settlement in the scope of NIS 1 billion was signed with the State of Israel through the Ministry of Finance, that will lead to the recovery of Israel Post. The settlement is unprecedented in scope and will allow Israel Post to achieve financial stability whilst providing employment security for its employees. Israel Post was […]
The Capri Family Foundation has successfully completed its going-private tender offer to acquire Herzliya-headquartered Optibase Ltd. As a consequence of the completion of the offer, under the Israeli Companies Law, Capri automatically thereby also acquired all of the Optibase shares, not already held by the members of its bidder group, at the same price. Capri […]
Israel-founded global fintech company Plus500 has signed a multi-year sponsorship agreement, in which Plus500 shall become the official global partner of the Chicago Bulls, featuring the Plus500™ logo exclusively on the front of the team’s warmup shooting shirts and jackets and presenting Plus500 as the “Official Global Online Trading Partner” of the team. The four-year partnership will include […]
NewMed Energy Limited Partnership has proposed a combination with Capricorn Energy PLC, which, if completed, will create one of the largest upstream energy independents listed in London. The combination constitutes a reverse takeover of NewMed by Capricorn for the purposes of the UK Listing Rules. It will result in NewMed’s equity holders and Capricorn shareholders […]
