Israeli generic pharmaceutical giant Teva has announced that it has entered into agreement to acquire American pharmaceutical and drug delivery company MicroDose Therapeutx. According to the agreement, Teva will pay $40 million at closing and up to an additional $125 million in milestone payments.
Google has officially announced that it has come into agreement to acquire Israeli social GPS startup Waze. In previous reports, the deal was estimated at $1.3 billion. The acquisition concludes a long spree of rumors, according to which the company was approached by Apple, then Facebook, before finally being acquired by Google.
Israeli endoscopy company Eon Surgical, which was founded four years ago at the RADBiomed Accelerator, is being acquired by American company Teleflex for an undisclosed sum, estimated at tens of millions. Eon Surgical develops endoscopic procedures which enable surgery using a single incision, which make for a quick healing process and less scar tissue.
Google has reportedly come into agreement with Israeli social GPS startup Waze to acquire it for $1.3 billion. The deal is dependent on a Due Diligence inspection that has only just begun, so it is still subject to change.
This report comes after months of reports suggesting Waze would be acquired by Facebook for $1 billion and by Apple for$750 million. Both alleged talks are said to have fallen through.
Google, which has an office in Israel, has already made two more modest acquisitions in the country. In 2010, Google acquired personalized Website gadget developer Labpixies for $25 million and interactive video-clip developer Quiksee for $10 million.
Israeli company Mellanox Technologies Ltd. is continuing its shopping spree. After acquiring American advanced silicon photonics company Kotura last month for $83 million, Mellanox has announced that it has acquired Danish company IPtronics.
IPtronics, which desings optical interconnect components, was acquired for $47.5 million in cash.
Israeli company Woolik, which develops personalized online search solutions, has been acquired by Israeli translation giant Babylon Ltd. Babylon, which paid $8 million in cash and shares, is a world leader in online translation services and will integrate Woolik’s services with its own.
After earlier reports suggested that social network giant Facebook is in talks to acquire Israeli GPS company Waze for up to $1 billion, AllThingsD now reports that the deal will not go through.
AllThingsD reports that the talks dissolved in recent days, according to sources, due in part to conflicts over whether or not the Waze team — which is predominantly based in Israel — would move over to the United States and fold itself into Facebook’s Menlo Park, Calif., headquarters, among other reasons.
Israeli medical company Spectrum Dynamics, which develops personalized molecular imaging and applications in nuclear cardiology, has been acquired by Singaporean company Biosensors International Group Ltd.
The Singaporean company will acquire all of the Israeli company’s assets and will pay up to $51 million, including payments for milestone achievements.
Israeli wireless charging company Powermat is acquiring a major competitor, Finnish company PowerKiss. The two companies announced that they have entered into a definitive agreement to combine their companies under the Powermat Technologies umbrella.
The financial details of the acquisition were not disclosed.
Israeli company Veracity, which develops big data solutions, has been acquired by Israeli company EMET Computing. The acquisition was made through EMET’s subsidiary, Blue Space Technologies and is estimated at NIS 13 million ($3.54 million).