Author Archives: MichaelOrdman

The second largest exit in Israeli history

US-based Palo Alto Networks is to acquire Israeli cybersecurity CyberArk Software in a deal valued at around $25 billion – the highest in Israeli history apart from Google’s $32 billion purchase of Israel’s Wiz. Palo Alto was founded by Israel’s … Continue reading

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Big deal with Germany

Israel’s Elbit Systems has received a $260 million, six-year contract from the German government to install Directional Infrared Counter Measures (DIRCM) self-protection systems on Germany’s Airbus A400M aircraft fleet. The systems automatically counter mobile anti-aircraft weapons. https://unitedwithisrael.org/israeli-defense-firm-lands-huge-deal-with-germany/

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Startup investment – to 3rd Aug 25:

BlinkOps raised $50 million; Teramount raised $50 million; Lumana raised $40 million; Legion Security raised $30 million; Scopio Labs raised another $10 million; Tonic Security raised $7 million;

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Exits, takeovers, and mergers to 3rd Aug 25:

Israel’s Nice Systems has acquired Germany’s Cognigy for $955 million; Israel’s Axonius is acquiring Israel’s Cynerio for a minimum of $180 million. India’s Amber Group has acquired a $47 million stake in Israel’s Unitronics.

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Floyd Mayweather opens Tel Aviv stock exchange

Boxing legend Floyd Mayweather opened trading at the Tel Aviv Stock Exchange (TASE) on Monday morning, joining IDF soldiers and Israeli leaders in a ceremony that highlighted international solidarity with the Jewish State. https://israfan.com/p/floyd-mayweather-opens-tel-aviv-stock-exchange

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Airbus modifies planes for Taxibot

Airbus has received approval for cockpit modifications on the A320 family of aircraft to enable the use of Israel’s pilot-controlled hybrid-electric TaxiBot (see here previously). Taxibot pulls planes between the terminal and take-off area, saving vast amounts of aviation fuel. … Continue reading

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A fund for startup employees

Israeli venture capital firm Cyberstarts (see here previously) has created a $300 million fund to help startups retain top talent. It allows startup employees to sell some of their shares, so they can cash in on initial high valuations while … Continue reading

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$120 million for post-war startups

Israeli venture capital fund New Era Capital (see here previously) has completed a $120 million fundraise. This is the firm’s third fund, following its $140 million fund raised in 2020, which is now nearly fully invested. https://www.calcalistech.com/ctechnews/article/rysthdalxe

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Tech pact with India

Israel and India have signed a landmark Investment Protection Agreement (IPA) aimed at strengthening bilateral trade and promoting long-term cooperation across key sectors. The IPA includes legal protections for investors e.g. in the $10 billion Adani–Tower Semiconductor plant being built … Continue reading

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Exports reach $150 billion

Israel’s exporters shipped almost $150 billion worth of goods and services in 2024 – a dip of only 1% on the previous year despite falling rockets and reservists called up. Technology services, rose 3% last year and another 10% in … Continue reading

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