Full list of Israeli startup M&As in 2024
Israeli high-tech companies remain a sought-after commodity despite the crisis in the market
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29.9.24
eToro expanding in Australia with $55 million acquisition of investment app Spaceship
Besides strengthening eToro’s footprint in Australia, the acquisition will bring superannuation into its portfolio as the company expands its long-term savings proposition globally
24.9.24
Salesforce acquiring Zoomin for $450 million
The deal comes less than three weeks after the software giant paid $1.9 billion for Own, another Israel-founded company
18.9.24
Playtika acquiring Israeli gaming startup SuperPlay for $700 million
Additional contingent consideration of up to $1.25 billion is subject to SuperPlay achieving certain financial targets over the next three years. Founded in 2019 by former Playtika employees Gilad Almog and Eyal Netzer, along with industry veteran Elad Drory, SuperPlay has two successful titles in Dice Dreams and Domino Dreams, and has two more games currently in development
6.9.24
Salesforce acquires Israeli data company Own for $1.9 billion in cash
The company, previously known as OwnBackup, develops data protection and data management solutions. It was valued at $3.35 billion when it raised a $240 million Series E in 2021
27.8.24
Check Point acquires Cyberint in $200 million deal
The Israeli startup specializes in threat intelligence, digital risk protection, and attack surface management, and Check Point plans to use its solutions to enhance its Security Operations Center. This marks Check Point's 22nd acquisition and the 10th Israeli company it has acquired in the last six years
20.8.24
Johnson & Johnson to acquire Israeli medical device maker V-Wave for up to $1.1 billion
V-Wave's device is implanted in the heart through a minimally invasive procedure to help reduce heart failure and other events
15.8.24
Prytek acquires TipRanks at $200 million valuation
The investment firm, which had already owned 40% of the Israeli fintech startup, is taking its stake to 80% with an $80 million investment
14.8.24
Element Fleet Management acquires Autofleet in $110 million deal
The Israeli startup’s turn-key solution helps businesses launch, manage, and scale sustainable fleet operations globally
7.8.24
Payoneer shares surge on optimistic guidance and $61 million acquisition of Skuad
The Israeli fintech company reported a 33% growth in revenue in the second quarter, but also a 29% decrease in net profit to $32.4 million. Payoneer also announced an acquisition that expands its services into global HR management
31.7.24
Fiverr publishes positive earnings and announces acquisition of Israeli dropshipping startup
AutoDS’s platform automates the dropshipping process to help source products from major channels like Amazon and eBay and to help every business scale easily
30.7.24
Pagaya acquiring asset firm Theorem in deal valued at tens of millions of dollars
The Israeli company has decided to purchase the American firm, which manages assets amounting to $1.5 billion, despite the crisis in the consumer credit market
23.7.24
Applied Systems acquires insurtech startup Planck in $300 million deal
The Israeli company will form the base for the insurance software giant’s AI Development Center in Israel
17.7.24
Tricentis acquiring SeaLights in $150 million deal to expand test automation platform
The American company also purchased Israeli startup Testim for $200 million in 2022
16.7.24
Innovalve acquired for $300 million in cash by medical device giant Edwards Lifesciences
The Israeli startup has developed an artificial mitral valve that can be replaced using a minimally invasive catheter to help treat patients suffering from heart disease
25.6.24
JFrog enhancing AI capabilities with $230 million acquisition of Qwak
The all-Israeli deal will allow JFrog to enhance its machine learning model capabilities and enable users to streamline models from development to deployment
9.6.24
AI data acceleration startup Pliops loses over 90% of value in merger with Kalray
The Israeli startup, which develops acceleration solutions for AI and storage servers in data centers, raised $100 million at a valuation of over $650 million in August 2022. However, its shareholders will receive only $50-60 million-worth of Kalray shares in the merger
6.6.24
Tenable acquires Israeli cyber startup Eureka for tens of millions of dollars
Eureka had several offers before closing a deal with the American cyber giant
5.6.24
SAP acquiring digital adoption platform WalkMe for $1.5 billion
The Israeli company was valued at less than $880 million on Tuesday, meaning the offer of $14 per share represents a 45% premium
23.5.24
French giant Thales acquires Israeli spacetech startup Get SAT
Get SAT provides efficient antenna and terminals that offer high-data-rate communications
16.5.24
Blackstone acquires Israel’s Priority Software at an $800 million valuation
This marks the largest deal for the alternative asset manager in the country since it opened its offices in 2021.
9.5.24
Pango acquires Gett for $175 million
Gett raised a total of $900 million throughout the years, but saw its valuation dwindle from $1.5 billion four years ago as it struggled to find a buyer
7.5.24
Akamai acquiring cyber startup Noname Security for $450 million
The Israeli API security startup was valued at $1 billion in its last fundraising round, raising $135 million in a Series C in December 2021
5.5.24
Alcon acquiring glaucoma laser therapy developer Belkin Vision for up to $330 million
Belkin Vision has developed a non-contact automated glaucoma laser therapy accessible to all ophthalmologists
2.5.24
Permira acquiring control of BioCatch at $1.3 billion valuation
The Israeli startup, which developed a system for fraud detection and financial crime prevention powered by behavioral biometric intelligence, finished 2023 with 49% ARR growth, whilst also surpassing the $100 million ARR milestone and attaining EBITDA profitability
Nvidia completes $300 million acquisition of AI startup Deci
The chip giant has spent $1 billion purchasing two Israeli startups in one week after announcing a deal to buy Run:ai for $700 million last week
24.4.24
Nvidia announces $700 million acquisition of Run:ai
Run:ai enables enterprise customers to manage and optimize their compute infrastructure, whether on premises, in the cloud or in hybrid environments
17.4.24
Cyber unicorn Armis acquiring Silk Security for $150 million
Silk has developed a platform for sustainable cyber risk resolution and raised $12.5 million in Seed funding last August
16.4.24
BeyondTrust acquiring permissions management startup Entitle for $100-150 million
The Israeli startup, which raised a $15 million Seed round last February, has developed a privilege management solution that discovers, manages, and automates just-in-time (JIT) access and modern identity governance and administration (IGA) across the entire cloud estate
4.4.24
SolarEdge acquires Israeli EV charging management startup Wevo Energy
Wevo is a software startup specializing in EV charging optimization and management for sites with large quantities of EV chargers such as apartment buildings, workplace carparks and public charging locations
21.3.24
Data unicorn Redis acquires Israeli startup Speedb to boost platform with data storage engine
“Acquiring Speedb takes Redis beyond RAM, and opens the door for us to serve an integral role in powering today’s most exciting and innovative applications,” said Rowan Trollope, CEO of Redis
18.3.24
GitLab acquiring cloud security startup Oxeye for $30-40 million
The Israeli startup has developed technology for detecting and solving weaknesses in code in the development stages of applications
14.3.24
Zscaler acquiring cyber startup Avalor for $350 million
The Israeli startup, which raised $25 million in Series A funding last April, will operate as an independent unit within Zscaler and continue the development of its data solutions to enhance Zscaler's cloud security platform
13.3.24
Cyber decacorn Wiz acquiring Gem Security for $350 million
Israeli startup Gem, which has developed a Cloud Detection and Response (CDR) platform, has raised $34 million to date
UPDATE (10.4.24): Wiz completes $350 million acquisition of Gem Security to expand CDR offering
The decacorn is acquiring its fellow Israeli company which has developed a Cloud Detection and Response platform and raised $34 million since its founding in 2022
US furniture giant Ashly Home to pay $1 billion to acquire online mattress platform Resident
The Israeli-founded Resident, a leading digital retailer and wholesaler of mattresses and bedding accessories, is estimated to have registered revenue of $900 million in 2023
6.3.24
CrowdStrike acquiring cyber startup Flow Security in $200 million deal
Founded in 2021, the Israeli startup, which develops a cloud data runtime security solution, has raised just $13 million to date
5.3.24
Cycode acquires cybersecurity startup Bearer for $10 million
The integration of Bearer’s technology into Cycode’s complete ASPM platform will enhance scanning speeds, contextual remediation, and precision, and offer a developer experience for faster shipping
27.2.24
Codefresh acquired by Australia’s Octopus Deploy for $40-50 million
The Israeli software startup, which has raised a total of $54 million, is used by enterprises to run Argo and scaling and deploying to Kubernetes
U.S. giant Workday acquiring HiredScore for hundreds of millions of dollars
The enterprise cloud applications company, which has a market cap of around $79 billion, will utilize the Israeli company’s AI-powered talent orchestration solutions to enable companies to use data-driven insights to improve recruiting and talent mobility processes
14.2.24
Armis acquires cyber startup CTCI for $20 million
CTCI (Cyber Threat Cognitive Intelligence) is a privately held company specializing in AI-powered pre-attack threat hunting technology
13.2.24
HR unicorn HiBob acquiring British payroll platform Pento for $40 million
Pento focuses on real-time payroll systems and boasts a client base of over 400 businesses. HiBob raised $150 million last October at a $2.7 billion valuation
11.2.24
API security startup Wib acquired by F5 for tens of millions of dollars
The Israeli startup’s platform provides complete visibility across the entire API landscape, from code to production, and will become part of F5’s Distributed Cloud Services
24.1.24
Minute Media acquires STN Video for $150 million
The sports content unicorn raised around $100 million in debt and equity from HSBC Innovation Banking and funds and accounts managed by BlackRock at a valuation of over $1 billion in order to help fund the deal
16.1.24
The cyber unicorn will combine Helios’ full-stack runtime data collection and insights with its developer security platform with the aim of providing customers a comprehensive picture of all company applications
9.1.24
Delinea acquires cyber startup Authomize for several tens of millions of dollars
Authomize employs 38 people who will join Delinea and form the base of its R&D center in Israel
8.1.24
Cancer care startup C2i Genomics acquired by Veracyte for up to $95 million
The Israeli company, which has developed a test platform using whole-genome tumor sequencing, had previously raised $112 million