Top 5 biggest M&As of Israeli companies in 2024 | CTech
Summary
Nvidia Israel includes dozens of product teams working on next-gen technologies in different fields: Networking, BlueField-DPU, CPU design and development, Autonomous Vehicles, AI-Based Cyber-Security, Video Streaming, AI & Machine Learning Research, and more. The round included the participation of additional existing investors, TLV Partners, and S Capital VC, bringing the total funding raised to date to $118 million. Among the biggest beneficiaries of the transaction are Israeli founders Ran Reske, Craig Schmeizer, Eric Hutchinson and Sharon Dagan, along with a number of institutional entities from Israel, led by More Investment House, Phoenix, Menorah, and Psagot. Permira will primarily purchase shares from Bain Capital and Maverick Ventures, which bought their holdings in 2020 when the company was valued at approximately $300 million. This is SAPs 12th acquisition of an Israeli company.WalkMe, founded in 2011 by Rafael Sweary and Dan Adika, has developed a platform for adopting digital technologies without the need to write additional code.