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  • mayay 1:02 pm on July 31, 2014 Permalink
    Tags: acquisition, , fimi opportunity fund, , ki corporation, magal security systems, physical security, , , ,   

    FIMI Opportunity Fund Acquires 40 Percent Of Magal Security Systems Shares 

    magal_security_sytsems_logoJuly 31, 2014 | Magal Security Systems, a solutions provider for physical and cyber security, announced that FIMI Opportunity Fund, the leading private equity fund in Israel, will by 40 percent of the company’s shares from Ki Corporation. FIMI will purchase the shares from the Ki Corporation at a price of $3.50 per share, as well as paying certain additions according to conditions, making FIMI the largest shareholder of Magal. Chairman of Magal Barry Stiefel commented on the acquisition: “FIMI’s investment represents a vote of confidence in Magal by one of the leading private equity funds in the world. We welcome FIMI as Magal’s controlling shareholder and look forward to leveraging FIMI’s expertise and experience in growing the business.” FIMI is Israel’s leading private equity fund with over $2 billion in invested capital. Magal has been around for over 42 years, providing physical and cyber security solutions to companies, governments and private entities in over 80 countries.

  • mayay 1:10 pm on July 28, 2014 Permalink
    Tags: acquisition, , lasers, newport corporation, Spectra-Physics Lasers, , , us company, v-gen   

    V-Gen Laser Manufacturer Acquired By Newport Corporation 

    Logo_V-GeNJuly 28, 2014 | The Israeli company V-Gen, a developer and manufacturer of fiber lasers was acquired by US company Newport Corporation for an undisclosed amount. V-Gen is expected to have sales in the range of $15-20 million within the first twelve months after the transaction closes. The terms of the deal are set to close in the third financial quarter. According to Newport Corp. Senior VP and General Manager of Spectra-Physics Lasers Group David Allen, “”V-Gen has a strong track record of growth and profitability and we expect the acquisition to be accretive to our earnings immediately following the closing. We welcome the V-Gen team to Newport and look forward to their positive contributions to our Spectra-Physics Lasers Group.” V-Gen was founded in 1998 and is the leading supplier of pulsed fiber lasers with over 50 employees worldwide.

  • mayay 12:24 pm on July 27, 2014 Permalink
    Tags: acquisition, bloomberg news, investment firm, , sodastream,   

    Report: SodaStream In Talks Of Acquisition With Investment Firm 

    sodastreamJuly 27, 2014 | According to a report by “Bloomberg News,” the Israeli company SodaStream is in talks with an unnamed investment firm for sale. As a result of the report, the share price of SodaStream stocks shot up sharply on Wall Street. The “Bloomberg” report also noted that the talks are on an acquisition price of $40 a share. SodaStream is the creator of the home soda machine and is based in Lod, Israel.

  • mayay 12:30 pm on July 20, 2014 Permalink
    Tags: acquisition, , , mori arkin, , skin care, sol-gel technologies   

    Report: Mori Arkin In Talks To Buy Sol-Gel Technologies For $10M 

    sol-gelJuly 20, 2014 | The businessman Mori Arkin is in talks to buy Sol-Gel Technologies, a company that developments skincare products using nanotechnology, according to a “Globes” report. If talks continue and the deal goes through Arkin will purchase Sol-Gel for an estimated total of $10 million if milestones are met. Founded in 1997, Sol-Gel is managed by Dr. Alon Seri-Levy and has invented a way to use nanotechnology in order to allow skincare products to actually penetrate the skin, with products for common conditions like rosacea and acne.

  • mayay 1:53 pm on July 17, 2014 Permalink
    Tags: acquisition, , , , bug, , , ,   

    Microsoft In Talks To Buy Aorato Cyber Security Company For $200M 

    Cyber Security Startup Aorato Emerges from Stealth Mode And Announces $10M In FundingJuly 17, 2014 | According to a “Bloomberg” report, Microsoft is in talks to the Israeli cyber security company Aorato for $200 million. The talks are reportedly in an early stage as Aorato continues to negotiate sale with other companies as well. According to most sources, Aorato will be sold for approximately $200 million. Earlier this week, NoCamels reported that Aorato had identified a major security bug in Microsoft’s Active Directory, which would allow passwords and other sensitive information to be extracted and changed.

  • mayay 12:57 pm on July 14, 2014 Permalink
    Tags: acquisition, dassault systemes, SIMPACK, , solutions, ,   

    French Company Dassault Systèmes Acquires SIMPACK 

    logo_simpackJuly 14, 2014 | Dassault Systèmes acquired the Munich-based company SIMPACK, a technology leader in multi-body simulation technologies and solutions. Dassault Systèmes, the 3DEXPERIENCE Company, is a world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions based in France. SIMPACK has over 130 clients in the automotive, energy, rail and aerospace industries including BMW, Daimler, Honda, Jaguar and Land Rover among others. The amount of the acquisition has not yet need disclosed. SIMPACK is based near Munich, Germany

  • mayay 12:59 pm on July 13, 2014 Permalink
    Tags: acquisition, , , RayV, streaming video, , ,   

    Yahoo Acquires RayV Streaming Video Platform 

    Report: RayV To Be Acquired By Yahoo!July 13, 2014 | The Israeli video streaming platform RayV was acquired by Yahoo for an undisclosed amount. Rumors of the sale date back to May of this year, which became official this past Friday. The RayV team will join Yahoo’s Tel Aviv research and development team. Founded in 2005 as a competitor to Joost, RayV specializes in streaming high-quality video to computers and mobile devices. The Israeli startup has raised over $16 million to date.

  • admin 12:02 pm on July 10, 2014 Permalink
    Tags: acquisition, , , Neebula, Service Management Software, ServiceNow   

    IT Service Management Software ServiceNow Acquires Israel’s Neebula for $100M 

    The American coNeebula_logo_smallermpany ServiceNow which offers a platform-as-a-service provider of IT service management software acquireed the Israeli automatic business service management (BSM) Neebula for $100 million.
    Neebula’s flagship product, ServiceWatch, automates the discovery, mapping, and monitoring of IT-enabled enterprise services. This addition will become an integral part of the ServiceNow IT Operations Management portfolio. “Neebula is very excited to be part of the ServiceNow team,” said Yuval Cohen, co-founder and CEO of Neebula. “We had a vision to transform the ITOM market by automating the creation and maintenance of service models.

  • mayay 1:00 pm on July 8, 2014 Permalink
    Tags: acquisition, automated optical inspection, Bridgeport, , SPTS, , yavne   

    Orbotech Acquires UK SPTS Technologies For $370M 

    Orbotech Receives $10M In Solar-Panel Component OrdersJuly 8, 2014 | Israeli company Orbotech has signed an agreement to acquire UK-based SPTS Technologies Group from European private equity group Bridgeport and others for $370 million. SPTS specializes in the production of etch, deposition and thermal processing equipment for the microelectronics industry. Orbotech, the producer of automated optical inspection equipment based in Yavne, Israel, hopes to accelerate its growth, to move up the electronic value chain, and to increase its presence in Europe and North America following the purchase.

  • mayay 11:57 am on July 3, 2014 Permalink | Reply
    Tags: acquisition, , , , , ,   

    Qualcomm Acquires Wilocity Chipmaker For $300M 

    Wilocity To Be Acquired By Qualcomm For $300MJuly 3, 2014 | The American global semiconductor company Qualcomm acquired chipmaker Wilocity for $300 million. Qualcomm hopes to use Wilocity’s WiFi chips to provide faster wireless technology in more of the company’s devices. Wilocity has developed a new kind of WiFi chip called WiGig that runs on a high radio frequency, 60 gigahertz to be exact, working several times faster than standard WiFi. Wilocity was founded in 2007 by CEO Tal Tamir and COO Dany Rettig with the goal of eliminating cords and connectors for high-speed connectivity and data transfers, from tablets to TV for instance. The company is based in California with the majority of its employees in Israel.

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