This Week's Deals
In case you missed it: these are the M&As and investments we reported on this week
Comtech telecommunications acquired Gilat Satellite networks for $532.5 Million. Earlier this month, Calcalist reported that the Israeli satellite telecommunications company was in advanced talks to be acquired for approximately $579 million. Read more
Insight Partners paid $125 million for a stake in gaming company Moon Active. Earlier this month, Calcalist reported that the New York venture firm was negotiating for an 8%-10% stake in Moon Active according to a company valuation of approximately $1.2 billion. Read more
Gilat satellites. Photo: Zvika Tischler
Marketing startup Yotpo acquired SMS marketing company SMSBump. SMSBump provides a messaging platform to companies that contact customers via texts to inform them of order status updates, special offers, and customized promotions. Read more
Israeli insurers Phoenix and Menora invested 48 million euros in Enlight’s Spanish wind turbine project. The Gecama project in the Castilla-La Mancha region, currently in advanced stages of development, is expected to supply 300-megawatts of electricity. Read more
German National soccer league acquired a stake in sportstech startup MOVEZ. MOVEZ develops a mobile app that uses computer vision and artificial intelligence technologies to evaluate a user’s skills in sports that involve a ball. Read more
Stoa raised $60 million in credit, $4 million in equity. The Tel Aviv-based startup develops a unified service for U.S. renovators, subcontractors, and buyers. Read more
Data company Iguazio raised $24 million. Iguazio offers data management services and artificial intelligence tools designed to improve the performance, security, and scalability of machine learning applications. Read more
Delivery startup Bond raised $15 million. Bond connects retailers’ existing e-commerce platforms with a network of small neighborhood distribution centers that are managed by local teams. Read more
Predictive analytics startup Pecan emerged from stealth with $15 million in funding. Dell and S-Capital backed Pecan, which offers a deep learning platform that automatically generates enterprise business intelligence predictions. Read more
Fruit-ripeness analysis startup Clarifruit raised $6 million. ClariFruit develops a produce-monitoring mobile app that scans fruits and vegetables and analyzes their condition to determine whether they are ready to go to market. Read more
Canada’s Alectra backed smart grid predictive analytics startup Grid4C in $6 million round. The electricity and utility distributor will distribute Grid4C’s products via its subsidiary Util-Assist. Read more
Serverless computing company Nuweba raised $5.4 million. Nuweba develops a platform that enables companies to run serverless applications without using third-party tools or add-ons. Read more
