By Jewish Business News On Tuesday, November 19th, 2019

Teddy Sagi’s Kape acquires a US company for $128 million

Israeli cyber company Kape, controlled by Teddy Sagi Group, acquires American LTMI, which owns Private Internet Access (PIA), for a total transaction value of $ 127.6 million. The payment is divided between payment More...

Check Point
By Noam Meir On Thursday, November 14th, 2019

Check Point pays millions for Israeli startup with no product

Israeli cyber company Check Point announces Thursday the acquisition of Israeli startup Cymplify. According to Check Point, the acquisition will enable it a ground-breaking on-device IoT security technology to More...

By Ron Stein On Tuesday, November 12th, 2019

Travis Kalanick sells more than $500 million of Uber stock

Uber co-founder and ousted chief executive Travis Kalanick sold 20.3 million shares of the company since the trading restrictions period expired last Wednesday. According to public filings, Kalanick sold 20.3 million More...

By Shlomi Ella On Tuesday, November 12th, 2019

Invitae acquire Clear Genetics for $50 Million

U.S medical genetics company Invitae Corporation today announced that it has entered into a definitive agreement to acquire Clear Genetics, founded by Israelis Moran and Guy Snir, for $50 million. Under the definitive More...

By Katharina Buchholz On Thursday, November 7th, 2019

The Biggest IPOs of All Time

Saudi Arabia officially announced that it was going ahead with the widely anticipated IPO of state oil company Saudi Aramco Sunday. The company is not only thought to be the world’s most profitable (at least More...

By Jewish Business News On Monday, November 4th, 2019

Energean Successful Karish North Appraisal

UK-listed upstream company Energean Oil and Gas announced today that it has a successful appraisal of its Karish North Discovery located offshore Israel. The company confirmed the best estimate recoverable resources More...

By Shai Genish On Sunday, November 3rd, 2019

Zac Posen shuts down eponymous fashion label

The American Jewish designer Zac Posen officially announced on Friday the shutting down of his fashion house House of Z and Z-Spoke. This comes shortly after Posen debuted his Spring/Summer 2020 collection in September, More...

By Shlomi Ella On Thursday, October 31st, 2019

Fiat Chrysler and Peugeot to merge into the world’s fourth largest car company

Fiat Chrysler (FCA) and PSA Group, the Peugeot maker, have announced they will merge. The deal will create a $50 billion car giant – the fourth largest in the world. According to the official announcement, More...

By Jewish Business News On Wednesday, October 23rd, 2019

Israeli Startup REE Cooperates with Hino Motors to Showcase New FlatFormer Concept Vehicle

 Israeli startup REE  today announced its cooperation with Hino Motors, a Japan’s maker of commercial vehicles. The two companies present a super-flexible chassis that optimizes electric mobility solutions, More...

By Shlomi Ella On Tuesday, October 22nd, 2019

Softbank to pay Adam Neumann $1.7 billion to part with WeWork

Softbank today received approval from WeWork’s board of directors to take over the joint space company currently in trouble, giving the company’s founder and CEO Adam Neumann close to $ 1.7 billion More...


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