CTech's Tuesday Roundup of Israeli Tech News

Palo Alto Networks pays $560 million for information security automation firm Demisto; Chinese regulator approves KLA-Tencor's Orbotech deal

Palo Alto Networks pays $560 million for information security automation firm Demisto. Israel-based Demisto develops and markets automation tools for information security management; Calcalist first reported Palo Alto was negotiating for the acquisition earlier this month. Read more  

 

Chinese regulator approves KLA-Tencor's Orbotech deal. The Nasdaq-listed semiconductor company agreed in March to buy Orbotech according to a company valuation of $3.4 billion. Read more

Palo Alto Networks founder Nir Zuk. Photo: Aner Green

 

Under Brexit's shadow, U.K. and Israel sign a free trade agreement. The U.K. is Israel's largest European trade partner, and third largest trading partner overall. In 2018, the trade turnover between the two countries amounted to around $11 billion. Read more

 

Ridesharing company Via to launch service in Jerusalem. After announcing service in Tel Aviv in November, the ridesharing company, which already operates in cities like New York, Tokyo, Sydney, and Paris, is entering Israel’s largest city. Read more

 

Selfie-taking Israeli spacecraft to take off to the moon this week. The Israeli spacecraft is expected to land on the moon on April 11, two days after Israelis will head to the polls for the country’s general elections. Read more

 

Plus500's stock takes another hit following an annual report amendment. The London-listed online trading firm crashed last week after forecasting in its 2018 earnings report that revenues for 2019 will be "lower than current market expectations" due to regulatory changes. Read more

 

Financial security startup nsKnox raises $15 million. NsKnox was founded by Alon Cohen, who previously founded Nasdaq-listed CyberArk Software Ltd. Read more

 

E-commerce startup Donde raises $6.5 million. In August, Donde announced it was partnering with clothing retailer Forever 21 Inc., with the retail behemoth integrating Donde’s technology to both its app and website. Read more

 

Serverless computing company Nuweba raises $4.8 million. Nuweba develops a platform that enables companies to run serverless applications without using third party tools or add-ons. Read more

 

Indian media company Eros International partners with advertising company Artimedia. This is Artimedia’s first collaboration targeting the Indian market. Read more

 

Real estate tokenization company Jointer raises $2.5 million. The Silicon Valley and Tel Aviv-based startup lets property owners issue ICOs that comply with SEC regulations. Read more

 

Blood testing startup Sight Diagnostics reveals investors in $28 million round. The company announced the private issuance in December via shareholder Clal Biotechnology Industries. Read more