After an abrupt end to negotiations last July, Google and Wiz are back at the negotiating table. According to a recent report from The Wall Street Journal, the tech giant is once again in talks to acquire the Israeli cybersecurity company - this time with an offer...
Next Vision Stabilized Systems (NXSN.TA), a leading Israeli tech firm, saw a prominent English hedge fund acquire a 2.5% stake in the company for NIS 192 million. Israeli insurance giant Clal has also joined the deal, snapping up additional shares valued at NIS 40...
Israel’s banking sector is experiencing an exceptional year, with both Bank Leumi and Bank Hapoalim reporting record-breaking profits for 2024. Following Hapoalim’s strong financial performance, Leumi delivered an even bigger surprise, posting a 40% surge in net...
India recently finalised a major defence contract, purchasing Medium-Range Surface-to-Air Missile (MRSAM) systems worth 29.6 billion rupees (approximately $340 million) from Bharat Dynamics, a partner of Israel Aerospace Industries (IAI). This significant acquisition...
The geopolitical landscape significantly influences the defence industry, as evidenced by the performance of Elbit Systems' stock over recent years. When the war erupted in Ukraine in early 2022, there was a notable surge in Elbit's stock due to anticipated increases...
Greece is reportedly in discussions with Israel to procure a defence system similar to Israel’s Iron Dome, in a deal estimated at around €2 billion ($2.11 billion). According to senior Greek sources, the negotiations underscore Greece’s commitment to bolstering its...
The Director General of Israel’s Ministry of Defence, Major General (Ret.) Eyal Zamir, has approved the rapid expansion of Magen Or (Iron Beam), Israel’s pioneering laser interception system, marking a significant step forward in addressing the threat of missile...
In a move to counter the rise of artificial intelligence (AI) and stay relevant in the rapidly changing software landscape, Salesforce has turned to Israel's vibrant tech scene. Recent acquisitions by the global software giant have highlighted the attractiveness of...
As Intel prepares for a crucial board meeting in mid-September, reports reveal ongoing adjustments to its corporate strategy in response to a pressing liquidity crisis. Recent speculation suggested a potential split into two distinct companies focused on chip...
Israeli cybersecurity giant Check Point has announced the purchase of Cyberint, a company specializing in external risk assessment and management. The acquisition comes just a month after the appointment of Check Point's new CEO, Nadav Tzafir. This deal, valued at...