Despite concerns about changes in Israel's legal system affecting the high-tech industry, Israeli cyber company Axis Security has been acquired by American computing giant HPE for half a billion dollars. Founded in 2018 by veterans of Unit 8200, Dor Knafo and Gil...
Check Point (Nasdaq: CHKP), one of the largest Israeli cyber security companies, has delivered strong Q4 and yearly results. Despite the current business environment, the company outperformed the market on both key metrics - revenue and operating profit. Check Point's...
Enlight Renewable Energy (Nasdaq: ENLT) made its debut on the US market on Friday, giving the company a market cap of $2.07 billion. This is the first IPO of an Israeli company in 2023. The company has completed the pricing of its Nasdaq IPO, which will raise $252...
Mobileye (Nasdaq: MBLY), the company that develops advanced driver assistance systems (ADAS) and solutions for autonomous vehicles, has doubled in value in just over three months since its return to the Nasdaq last year. On October 25, 2022, the Israeli firm...
The world's largest hedge fund, Bridgewater Associates, has announced the appointment of Karen Karniol-Tambour as its co-chief investment officer. In a field that is still predominately dominated by men, she will be Bridgewater's first female CIO. Karniol-Tambor grew...
Dell Technologies (Nasdaq: DELL), in its mission to further expand into the cloud services business, announced last week the acquisition of Cloudify, the Israeli startup that has developed a platform for cloud orchestration and infrastructure automation. Though the...
Tesla (NASDAQ: TSLA), an American manufacturer of electric vehicles, is preparing for expansion in Israel. According to sources with knowledge of the situation, the company recently signed a long term lease for a large service and sales centre in the city of Netanya....
Playtika (Nasdaq: PLTK), an Israeli mobile games developer, announced on Thursday that it made an improved offer of €690 million to the Board of Directors of Rovio Entertainment Corporation, the creator of Angry Birds, to acquire the company for €9.05 per share in...
Ormat Technologies and PT Medco Power Indonesia have signed a $100 million financing deal with an Indonesian bank for the development of the Ijen Geothermal Power Plant through a jointly owned subsidiary in which Ormat Technologies would own 49% of the equity. Ormat...
Elbit Systems Ltd. (TASE:ESLT; Nasdaq: ESLT) was awarded a $410M framework contract to supply up to seven Watchkeeper X tactical unmanned aircraft systems to the Romanian Ministry of Defence. The Israeli company will shift portions of the system's production,...