38 Covid-19 led to a significant surge in demand for data center services capable of hosting and channeling the enormous volume of cloud-based dataandservicesbeingcreated.Withsocial distancingmandates inforce, countless employees, students, and consumers were required, or chose, to work, study and shop from the comfort and safety of their homes. The natural effect of this was the further shift of physical interactions to the online realm, resulting in companies and governmental agencies and organizations grappling to maintain operations despite use overload, or adapt to a practically virtual-only world. Data centers came into play as a solution for internet traffic, providing organizations with backup components and infrastructure for power supply, data communication connections, environmental controls, and various security matters. A recent significant transaction in this sector was the sale of 49% of MedOne Ltd.’s share capital from the Livnat family (represented by our firm) to the prominent American private equity firm Berkshire Partners and the van Royen Group, for a consideration reflecting a company valuation of approximately NIS1.5 Billion, and we expect to see continued growth in all that is related to data centers and solutions. Throughout the various worldly events and different trends, cybersecurity has remained a steadfast sector, always proving to be of relevance. The sectors and industries who all witnessed a growing demand for adaptation to virtual services, also faced the need to further protect their critical systems and sensitive information from fraud, theft and damage. The cyber solutions developed in the Israeli market are advanced and extensive and the companies doing business in this field have achieved very lucrative reputation worldwide, making them desirable investment prospects. As one example, in the summer of 2021, Rapid7, Inc. a NASDAQ company who is prominent provider of security analytics and automation services, acquired Israeli-based IntSights Cyber Intelligence Ltd., which specializes in contextualized external threat intelligence and proactive threat remediation, for $335 Million (paid in a combination of cash and equity), just months following its $30 Million Series D investment round. The increasing move from in-person interactions to the online-realm also triggered a greater curiosity in artificial intelligence, and the ways it can be applicable to many services. With the growing use of AI, there has a been a surge in demand for synthetic data – i.e., information which is artificially manufactured, rather than generated by real-world events or models. Synthetic data is created algorithmically, for the purpose of being used as test datasets of production or operational data, to validate mathematical models, and to train machine learning models.
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