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high-tech
Wiz backs out of $23 billion Google deal, eyes IPO instead
CEO Assaf Rappaport announces in memo to employees company now eyeing ambitious IPO plan and $1 billion in annual recurring revenue within next year after talks with tech behemoth break down
News agency
|
07.23.24
Amdocs to slash workforce by 3,000 in latest round of layoffs
Software giant aims to reduce workforce by up to 10% in order to 'adjust operations'; many of company's Israeli employees estimated to be affected
Meir Orbach/Calcalist
|
07.19.24
The surprising Israeli investors who are cashing in on Google's Wiz deal
While Israel's cybersecurity sector is abuzz with the largest upcoming exit deal in the country's history, some are set to profit more than others
Sophie Shulman, Meir Orbach/Calcalist
|
07.18.24
Wiz acquisition offer is a show of trust in Israeli high-tech
Analysis: Google's offer to acquire Israeli-founded cloud security company could become the country's largest deal in history, invigorating the market for foreign investors
Tal Giladi
|
07.15.24
High-Tech salaries in Israel take nosedive in April
Sector sees average salaries falling from record high in March, overall number of salaried positions decreases slightly compared to previous month and year
Gad Lior
|
07.06.24
Biotech company founded by Google parent Alphabet to leave Israel in 2024
Verily spokesperson says in statement move has no relation to the ongoing war in Gaza and is being done as an overall company strategy
News Agencies
|
06.30.24
SAP acquires Israeli software company WalkMe for $1.5 billion
Cash purchase represents 45% premium on WalkMe's shares, now valued at $880 million; company's staff will be integrated into SAP's development centers in Israel
Sophie Shulman
|
06.06.24
Gaza war compromises high-tech sector, raising capital plummets
Alarming data from the Israeli Innovation Authority shows investments in startups down by more than half, and continuation of the Gaza war will only make it worse
Israel Wullman
|
06.04.24
Overlooked cracks in Israeli tech ecosystem
Analysis: The decline in foreign capital flowing into Israel marks a critical juncture for the nation's economic future; unlike the robust recoveries in the United States and Europe, Israel's ongoing downturn highlights the urgency of addressing this issue
Ezra Gardner
|
05.27.24
Israeli high-tech proves resilience in face of war
While Israeli cyber companies are cashing out amid a stream of acquisitions, war in Gaza means hundreds of new startups having tough time getting off the ground, now both public and private sectors offer solutions
Tal Giladi
|
05.23.24
Untapped gold mine: the future of children's health tech
Digital health sector for children is expanding, particularly in Israel, known for its innovation in medical technology; startups are leveraging AI and machine learning to revolutionize children's healthcare, making it more accessible and personalized
Ziv Elul
|
04.17.24
36 Israelis make the Forbes Billionaires list for 2024; Who is num. 1?
Five new Israelis make the list including the four founders of WIZ and the founder of Monday.com indicating the prominence of the tech industry in billionaire making; richest man on earth remains Bernard Arnault
Calcalist
|
04.03.24
Israeli high-tech raises $3.1 billion since beginning of war
Startup Nation Central report highlights despite facing significant challenges, including 15% of workforce being called up for reserve duty and near total air blockade on Israel, local startups continue to thrive
Sophie Shulman
|
03.31.24
Israel is unprepared for a cyber strike like the October 7 massacre
Cyber security company founder says AI increases risks of cyber attacks on unprecedented scale and if one such strike is launched Israel it could leave Israel defenseless even against missiles
Israel Wullman
|
03.07.24
Israeli venture capital executive charged with sexual offenses
Eli Nir accused of sexual offenses involving three women he met through the Tinder app; Nir is a former partner at the investment platform OurCrowd, which is considered one of the most active funds in Israel with investments totaling around $2.2 billion
Gilad Morag
|
02.07.24
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