Johnson & Johnson, the global leader in medical devices and biotechnology, has announced its acquisition of the Israeli company V-Wave for an upfront payment of $600 million, with the potential for the deal to reach up to $1.7 billion based on the achievement of...
In a bold move, Israeli cybersecurity firm Wiz has declined a $23 billion acquisition offer from Google. Instead, the company will stay the course with its plans to go public and achieve a substantial annual revenue goal. "Saying no to such honourable offers is...
Three years after the surge of SPAC (Special Purpose Acquisition Company) activity, the market has cooled significantly. However, the trend hasn't entirely disappeared, with some companies continuing to use SPACs to go public. One notable example is Cyabra, an Israeli...
The Israeli aviation landscape is set to broaden with the upcoming launch of Air Haifa, a new airline poised to enhance flight availability not only to Eilat but also to various Mediterranean destinations. This development marks a significant shift, as it introduces...
Israeli-based Gilat Satellite Networks has acquired San Diego’s Stellar Blu Solutions. The deal, valued at up to $245 million, marks a significant expansion for Gilat into the in-flight connectivity (IFC) market. Gilat, known for its innovative solutions in satellite...
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...