CTech's Weekly Roundup of Israeli Tech News
Intel to invest $11.9 billion in Israeli fab operation expansion; Intel among bidders for chipmaker Mellanox

Intel among bidders for chipmaker Mellanox. On Tuesday, JP Morgan & Chase has notified Intel its offer for Israeli chipmaker Mellanox has made it to the final stages of the bidding process. On Wednesday, Calcalist reported Intel was among the bidders for Mellanox, with a $6 billion cash and stock offer made over the past several months. Read more
Israeli tech luminaries to take the stage at WeTechBerlin. Calcalist to lead a delegation of leading figures from Israel’s tech industry to Berlin in February. Read more
Facebook to increase ad transparency in Israel (not much) ahead of general elections. Once enforced, Facebook's new policies in Israel will require advertisers of electoral ads to be pre-approved. Read more
Samsung acquires Israeli smartphone camera developer Corephotonics. Calcalist first reported that Samsung was considering the acquisition earlier this month. The companies signed the deal Sunday. Read more
Israeli companies bagged a fifth of all cyber venture capital investments in 2018. Only U.S. firms topped Israeli firms in terms of overall cybersecurity investments, according to a new report. Read more
In Tel Aviv, reform sends cannabis stocks down as shareholders sell high. On Sunday, the Israeli government gave the final stamp of approval to a cannabis export reform. In response, Tel Aviv’s cannabis stocks tumbled. Read more
Lawsuit alleges crypto company Stox stripped investors of their money. A lawsuit filed Wednesday in Tel Aviv names Israeli blockchain entrepreneur Moshe Hogeg and crypto firm Stox as defendants. Read more
Analysis | Five trends in Israeli M&A in 2018. From the resurgence of cybersecurity to deals seeking to bring cannabis firms to stock exchanges, here are the trends that shaped Israeli M&A in 2018. Read more
IPO and M&A
Fintech startup Splitit raises $8.5 million on Australian IPO. Read more
Algae-based medical adhesives developer Sealantis sold for $25 million. Read more
Startup funding
Cybersecurity company Cato Networks raises $55 million. Read more
Softbank leads $30 million investment in cloud storage startup Pliops. Read more
Tel Aviv-based transcription startup Verbit raises $23 million. Read more
Healthcare cybersecurity startup Medigate raises $15 million. Read more
Algae-based medical adhesives developer Sealantis sold for $25 million. Read more
Gaming startup StreamElements raises $11.3 million. Read more
Cybersecurity company Salt Security raises $10 million. Read more
Cybersecurity startup ReSec raises $2 million. Read more
British energy company Centrica increases investment in electric vehicle charging startup Driivz. Read more