CTech’s Tuesday Roundup of Israeli Tech News
The five biggest Israeli tech M&A deals in 2018; Intel to receive NIS 700 million government grant to expand Israeli fab
14:0025.12.18
The five biggest Israeli tech M&A deals in 2018. From KLA-Tencor’s pending acquisition of Orbotech to Datorama’s acquisition by Salesforce, 2018 was an eventful M&A year in the Israeli innovation hub. Read more
Tel Aviv. Photo: Bloomberg
Intel to receive NIS 700 million government grant to expand Israeli fab. Fab 28 manufactures chips for servers, workstations, mobile computers, and desktops. Intel announced its intention to expand the facility with a NIS 17 billion investment in May. Read more
KLA-Tencor’s $3.4 billion Orbotech acquisition stuck in China. After getting the nod from regulators in the Korea, Israel, the U.S., Taiwan, and Japan, the companies announced Monday the deal is still pending approval in China. Read more
WalkMe, JFrog, and Zerto lead the pack on Israeli stock option marketplace. EquityBee, a Tel Aviv-based company that helps startup employees exercise stock options, has ranked the 10 most popular companies on its service. Read more
Over five years, 3,307 Israeli startups went belly up. The now-defunct companies raised nearly $4 billion between them, almost a quarter of which was raised by once ambitious electric car company Better Place. Read more
Smart mobility startup Valerann raises $5 million seed round, Tech.eu reports. The Tel Aviv-headquartered company announced a partnership with Bosch and Jaguar Land Rover in November. Read more
