December Edition 2019

33 CyberArk raises USD 500 million in convertible note offering Web Link US software and cloud communications company Ribbon Communications to buy ECI Telecom for USD 486 million Web Link Tesla's entry to Israel could end importers' dominance Web Link 83North closes USD 300m VC fund: London and Tel Aviv based VC firm has USD 1.1 billion in capital under management for investment in Israeli and Euro- pean startups Web Link Swedish company SKF agrees to buy Israeli company Presenso, which develops and deploys AI-based predictive maintenance software Web Link Israeli digital insurance company Next Insurance has raised $250 million from Munich Re, at a company valuation of more than USD 1 billion Web Link Elbit Systems wins USD 153 million South East Asian drone deal Web Link Israeli digital advertising technology company ironSource has announced that UK private equity firm CVC Funds has agreed to buy minority stake for over USD 400 million Web Link AngioDynamics to buy Israeli co Eximo Medical for upwards of USD 46 million Web Link Israeli startups raised over USD 1billion in September 2019, USD 5.9 billion since start of 2019 Web Link Egypt's Dolphinus doubles size of Leviathan gas deal with Delek Drilling, Ratio Oil Exploration and Noble Energy Web Link Israeli startups raised a record USD 2.24 billion in 142 deals in Q3 2019, up 37% on 2018 Web Link Israel gov't bonds to be listed on World Index Web Link Israeli company Trendlines, to set up a fund for investing in Israeli agritech - together with UK billionaire Vincent Tchenguiz's CBG investment fund, and in partnership with major Singapore investment fund Temasek Web Link Infrastructure fund Generation Capital raises whopping NIS 525 million, for a company with a NIS 325m market cap. GC focuses on investment in infrastruc- ture and energy: power, natural gas, transport, the environment, water, and so forth. Web Link