23 Acquisitions of Companies in Israel

January 15, 2023
Acquisitions Hub

M&A activity has seen a steady increase across the globe over the past decade, especially in Israel. Startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 23 acquisitions that took place in Israel .

Axerra Networks acquired by DragonWave

Details about the transaction:

Acquisition amount:

$25,000,000

Announcement:

14 October 2010

Details about the company:

Pseudo-wire provider Axerra Networks offers solutions for circuit and service emulation via packet access networks.

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

Industry:

Electronics, Internet, Mobile, Wireless

Details about the buyer:

High-capacity Ethernet microwave solutions for Internet protocol (IP) networks are offered by DragonWave Inc. (DragonWave). Its

Headquarter:

Ottawa, Ontario, Canada

Where to find them:

cCAM Biotherapeutics acquired by Merck

Details about the transaction:

Acquisition amount:

$95,000,000

Announcement:

28 July 2015

Details about the company:

A pre-clinical stage firm called cCAM Biotherapeutics creates cancer immunotherapies.

Headquarter:

Qiryat Shmona, HaZafon, Israel

Where to find them:

Industry:

Biotechnology, Clinical Trials, Therapeutics

Details about the buyer:

A biopharmaceutical business called Merck provides drugs and vaccines for a range of illnesses.

Headquarter:

Kenilworth, New Jersey, United States

Where to find them:

GMS Digital acquired by WhiteSmoke

Details about the transaction:

Acquisition amount:

$1,200,000

Announcement:

5 June 2016

Details about the company:

Digital video advertising solutions are offered by GMS Digital.

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

Industry:

Advertising, Marketing, Video

Details about the buyer:

WhiteSmoke uses artificial intelligence (AI) and natural language processing to create solutions that improve English writing.

Headquarter:

Wilmington, Delaware, United States

Where to find them:

Convexum acquired by Berkeley Research Group

Details about the transaction:

Acquisition amount:

$29,000,000

Announcement:

4 August 2022

Details about the company:

A ground-breaking method of controlling, navigating, and landing rogue or hostile drones

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

Industry:

Enterprise, Security

Details about the buyer:

The corporate finance, construction, and government contracting sectors are areas of expertise for Berkeley Research Group.

Headquarter:

Emeryville, California, United States

Where to find them:

CTS acquired by Fortissimo Capital

Details about the transaction:

Acquisition amount:

$46,001,771

Announcement:

28 August 2022

Details about the company:

Health, agricultural, and animal products are the main areas of concentration for CTS, a pharmaceutical and consumer goods corporation.

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

Industry:

Biopharma, Health Care, Internet, Manufacturing, Medical, Pharmaceutical

Details about the buyer:

A growth equity fund called Fortissimo Capital helps businesses in the technology sector.

Headquarter:

Rosh Ha'ayin, HaMerkaz, Israel

Where to find them:

Press-sense acquired by Bitstream

Details about the transaction:

Acquisition amount:

$6,500,000

Announcement:

17 May 2010

Details about the company:

For the printing sector, Press-sense creates automated business flow solutions.

Headquarter:

Or Akiva, Hefa, Israel

Where to find them:

Industry:

Printing, Service Industry, Software, Web Hosting

Details about the buyer:

Bitstream is a supplier of type-related goods, know-how, and technology.

Headquarter:

Cambridge, Massachusetts, United States

Where to find them:

Radiflow acquired by Sabancı Holding

Details about the transaction:

Acquisition amount:

$45,000,000

Announcement:

29 April 2022

Details about the company:

A firm called Radiflow specializes in OT cybersecurity and provides one-of-a-kind technologies for long-term management and protection of digital OT assets.

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

Industry:

Cyber Security, Security

Details about the buyer:

The parent firm of Turkey's largest industrial and financial conglomerate, Sabanc Group, is Sabanc Holding.

Headquarter:

Istanbul, Istanbul, Turkey

Where to find them:

Rewire acquired by Remitly

Details about the transaction:

Acquisition amount:

$80,000,000

Announcement:

16 August 2022

Details about the company:

Rewire is a fintech firm that creates international internet banking cross-platform solutions for migrants.

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

Industry:

Banking, Financial Services, FinTech, Payments

Details about the buyer:

Remitly is a mobile payments platform that enables users to send money internationally from one person to another.

Headquarter:

Seattle, Washington, United States

Where to find them:

Roshtov Software Industries acquired by Magic Software Enterprises

Details about the transaction:

Acquisition amount:

$21,000,000

Announcement:

20 June 2016

Details about the company:

Software solutions focused on managing patient files are being designed and managed for Managed Care and large-scale healthcare providers.

Headquarter:

Omez, HaMerkaz, Israel

Where to find them:

Industry:

Health Care, Information Technology, Software

Details about the buyer:

Magic Software Enterprises uses a metadata-driven methodology to create cutting-edge technological solutions and essential business applications.

Headquarter:

Or Yehuda, Tel Aviv, Israel

Where to find them:

Safend acquired by Wave Systems

Details about the transaction:

Acquisition amount:

$12,800,000

Announcement:

22 September 2011

Details about the company:

Enterprise endpoint data leakage prevention solutions are offered by Safend.

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

Industry:

Enterprise Software, Network Security, Security

Details about the buyer:

For data loss prevention, virus detection, authentication, and encryption, Wave Systems creates hardware-based digital security systems.

Headquarter:

Cupertino, California, United States

Where to find them:

Saguna acquired by COMSovereign

Details about the transaction:

Acquisition amount:

$13,100,000

Announcement:

18 May 2021

Details about the company:

Saguna drives intelligent mobile networks, deeply integrating cloud computing into 4G and 5G networks.

Headquarter:

Yoqne`am `illit, HaZafon, Israel

Where to find them:

Industry:

Cloud Computing, Internet of Things, Mobile

Details about the buyer:

A pure-play 5G connection and data transmission system enabler is COMSovereign.

Headquarter:

Dallas, Texas, United States

Where to find them:

SecurityDAM's acquired by Radware

Details about the transaction:

Acquisition amount:

$30,000,000

Announcement:

17 February 2022

Details about the company:

a cloud-based solution for stopping Distributed Denial of Service (DDoS) assaults.

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

Industry:

Cyber Security, Security, Service Industry, Software

Details about the buyer:

For virtual and cloud data centers, Radware delivers application delivery and security solutions.

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

GuruShots acquired by Zedge

Details about the transaction:

Acquisition amount:

$35,000,000

Announcement:

13 April 2022

Details about the company:

GuruShots is a website that makes capturing pictures more fun.

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

Industry:

Apps, Internet

Details about the buyer:

The top content platform for mobile customisation and self-expression in the globe is ZEDGE.

Headquarter:

New York, New York, United States

Where to find them:

Ultracom acquired by Terayon Communications

Details about the transaction:

Acquisition amount:

$37,000,000

Announcement:

15 March 2000

Details about the company:

A two-way cable modem for data, audio, and video communications is created by Ultracom.

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

Industry:

Communications Infrastructure, Data Integration, Information Technology, Software

Details about the buyer:

Terayon offers cable, satellite, and telecommunication service providers all around the world real-time digital video networking solutions.

Headquarter:

Santa Clara, California, United States

Where to find them:

PhysiMax Technologies acquired by DarioHealth

Details about the transaction:

Acquisition amount:

$1,020,000

Announcement:

20 January 2022

Details about the company:

Through customized training plans, PhysiMax Technologies enables athletes to enhance performance and prevent injuries.

Headquarter:

Glil Yam, Tel Aviv, Israel

Where to find them:

Industry:

Artificial Intelligence, Fitness, Health Care, Information Technology, Machine Learning, Sports, Wellness

Details about the buyer:

A digital therapeutics firm called DarioHealth is involved in the creation and marketing of unique and exclusive technologies.

Headquarter:

New York, New York, United States

Where to find them:

Spectral acquired by CloudGuard

Details about the transaction:

Acquisition amount:

$60,000,000

Announcement:

1 February 2022

Details about the company:

Israeli firm Spectral is a leading pioneer in developer-first security products created by developers for developers.

Headquarter:

Tel Aviv-yafo, Tel Aviv, Israel

Where to find them:

Industry:

Cyber Security, Developer Platform, Developer Tools, Software

Details about the buyer:

CloudGuard offers superior threat prevention and cloud-native security for all workloads and assets in public, private, and hybrid clouds.

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

PubPlus acquired by Clearpier

Details about the transaction:

Acquisition amount:

$60,000,000

Announcement:

25 May 2022

Details about the company:

For content producers, PubPlus is a revenue attribution platform that monetizes and oversees audience and distribution initiatives.

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

Industry:

Analytics, Content, Digital Media, Publishing, SaaS

Details about the buyer:

A performance marketplace for marketers and publishers is called ClearPier.

Headquarter:

Toronto, Ontario, Canada

Where to find them:

Elbit Vision Systems acquired by Uster Technologies

Details about the transaction:

Acquisition amount:

$32,000,000

Announcement:

12 February 2018

Details about the company:

Elbit Vision Systems offers technological fabric for the composites, garment, home textiles, medical/hygiene, and automotive sectors.

Headquarter:

Caesarea, Hefa, Israel

Where to find them:

Industry:

Automotive, Manufacturing, Service Industry, Technical Support

Details about the buyer:

The maker of high-tech instruments used for quality assurance and certification is called Uster Technologies.

Headquarter:

Uster, Zurich, Switzerland

Where to find them:

Silverbyte acquired by Priority Software

Details about the transaction:

Acquisition amount:

$35,000,000

Announcement:

19 June 2022

Details about the company:

Leading providers of software for property management include Silverbyte.

Headquarter:

Nesher, Hefa, Israel

Where to find them:

Industry:

Computer, Software

Details about the buyer:

Global software company Priority Software provides a less expensive substitute for intricate and pricey ERP solutions.

Headquarter:

Rosh Ha'ayin, HaMerkaz, Israel

Where to find them:

HexaTier acquired by Huawei Technologies

Details about the transaction:

Acquisition amount:

$42,000,000

Announcement:

27 December 2016

Details about the company:

Utilizing proprietary database reverse proxy technology, HexaTier offers integrated database security solutions.

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

Industry:

Cloud Data Services, Cyber Security, Database, Security, Software

Details about the buyer:

Software and hardware for infrastructure applications are offered by Huawei Technologies using wireline, wireless, and IP technologies.

Headquarter:

Shenzhen, Guangdong, China

Where to find them:

StePac acquired by Johnson Matthey

Details about the transaction:

Acquisition amount:

$20,000,000

Announcement:

7 June 2015

Details about the company:

StePac, a renowned developer, producer, and supplier, was established in 1992.

Headquarter:

Migdal Tefen, HaZafon, Israel

Where to find them:

Industry:

Logistics, Manufacturing

Details about the buyer:

An multinational manufacturer of specialty chemicals, Johnson Matthey was established in London approximately two centuries ago.

Headquarter:

London, England, United Kingdom

Where to find them:

TinyTap acquired by Animoca Brands

Details about the transaction:

Acquisition amount:

$38,900,000

Announcement:

16 June 2022

Details about the company:

Learners get access to the greatest collection of educational games created by teachers throughout the globe through TinyTap.

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

Industry:

Apps, EdTech, Education, Hardware, iOS, Photography

Details about the buyer:

To support the development of the open metaverse, Animoca Brands works on advancing digital property rights through NFTs and gaming.

Headquarter:

Cyberport, Hong Kong Island, Hong Kong

Where to find them:

Zebra Technologies acquired by Matrix

Details about the transaction:

Acquisition amount:

$18,500,000

Announcement:

2 January 2023

Details about the company:

Network and cyber security services and solutions are offered by IT firm Zebra Technologies to enterprises.

Headquarter:

Petah Tiqva, HaMerkaz, Israel

Where to find them:

Industry:

Cloud Security, Cyber Security, Information Technology, IT Infrastructure, Network Security

Details about the buyer:

An IT business called Matrix creates and uses goods, software, and technology.

Headquarter:

Herzliya, Tel Aviv, Israel

Where to find them: