In a landmark deal, SAP, the renowned German enterprise software giant, has acquired Israeli software company WalkMe for $1.5 billion. The deal values WalkMe's shares at $14, representing a 45% premium over its last closing price on Nasdaq. This announcement has led...
The ongoing conflict continues to drive demand for defense products, significantly benefiting companies like Elbit Systems. Today, Elbit announced to the stock exchange that it has secured multiple contracts, amounting to approximately $760 million, to supply...
Blackstone, the global alternative asset manager, has made a significant stride into the vibrant landscape of Israeli technology with its recent announcement of acquiring a majority stake in Priority Software. The deal, valued at a staggering $800 million, not only...
In the midst of political tensions between Israel and Brazil over the war with Hamas, the Brazilian army has decided to upgrade its artillery array and purchase 36 new self-propelled guns of the Atmos type from Israel's Elbit Systems. The deal, estimated to be worth...
The Volkswagen Group revealed its strategic move to integrate Mobileye's autonomous driving systems into the latest models of Audi, Bentley, Lamborghini, and Porsche. This partnership signifies a significant milestone in advancing the automotive industry's adoption of...
Nvidia, a frontrunner in technological innovation, has once again captured the spotlight with its annual conference, GTC 2024, held in San Jose. Riding high on its recent accolade as the third-largest company by market capitalization on Wall Street, Nvidia's CEO and...
In a bid to bolster its artificial intelligence (AI) capabilities, chip giant Nvidia is reportedly in discussions to acquire the Israeli AI company Run:AI, according to sources familiar with the matter. Run:AI specializes in developing software for managing AI...
In the intricate dance of global geopolitics, one industry often finds itself booming amidst chaos and conflict: the arms and defence sector. Next Vision (NXSN.TA), a manufacturer of miniature cameras for drones and mini-drones, stands as a prime example of this...
Oddity Tech, formerly known as Il Makiage, has captured attention with its remarkable transformation from a failing makeup company to a thriving technology enterprise. As one of the largest shareholders prepares to sell a portion of their stake, it prompts reflection...
As the latest bank reports for 2023 flood the financial landscape, it's evident that the banking sector in Israel is continuing its trajectory of unprecedented profitability, with Hapoalim, Mizrahi Tefahot, Discount, and FIBI leading the charge. However, amidst the...