$3.7b in Israel acquisition deals since start of war

Published date31 March 2024
AuthorMeytal Vaizberg
Publication titleGlobes (Rishon LeZion, Israel)
The data also show that the overall amount of mergers and acquisitions in Israel's tech sector since the start of the war totaled $3.7 billion. Among the companies acquired for large amounts were Talon Security, acquired by Palo Alto Networks for $625 million, Dig Security, also acquired by Palo Alto for $350 million, Avalor acquired by Zscaler for $350 million and Gem Security acquired by Israeli company Wiz for $350 million

Two other cybersecurity companies - Flow Security and Spera Security, were acquired for $200 million and $130 million, respectively. In the healthcare sector, there were also major acquisitions with CartiHeal, which manufactures coral implants to support damaged human cartilage, acquired for $330 million.

"After the war, I anticipate a startup baby-boom of tech companies"

The report found that since October 7, 20 new Israeli venture capital funds have been founded that have raised an overall $2 billion. Eleven of the funds were founded to provide a response to the urgent needs of startups experiencing financing difficulties because of the war. Among these funds were Iron Nation, the resilience fund set up...

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