Acquisition
Yum strikes two deals to sell Pizza Hut for $2.7 billion in tale of diverging fortunes
Private equity firm LongRange Capital will acquire Pizza Hut stores in the US and worldwide, and Yum China Holdings will retain the China locations.
Elbit subsidiary acquires Israeli autonomous AI-powered off-road robotic warfare company
Neopharm acquired two leading companies in the personal hygiene sector
Alphabet to buy Wiz for $32 billion in its biggest deal to boost cloud security
Kape acquires Webselenese for $149m.
Webselenese has 29 employees in its offices in Tel Aviv as well as hundreds of freelancers around the world.
MyHeritage acquires French competitor Filae for $37m.
Tel Aviv-based genealogy testing company MyHeritage said Monday that it agreed to acquire Filae, a leading family history service in France, for some $37 million.
Klil celebrates 20 years since acquisition by Daboosh
In 2020, Klil’s gross profit was NIS 114 million, the net profit rate was 31.3% and net profit was NIS 49.3 million.
Israeli Via transport tech company acquires Remix mapping company
The acquisition will combine the two companies' capabilities to help planning teams meet changing requirements on an ongoing basis and improve transportation infrastructure.
German energy company E.ON acquires Innogy
E.ON will continue to search for innovative Israeli startups and technologies for collaboration with the E.ON business units.
Israeli audiobook firm iCast bought by Storytel for NIS 20m.
Storytel's acquisition of iCast is part of the firm's move to enter the Israeli market, with its Israeli launch currently slated for the first quarter of 2021.
Trump gives Microsoft 45 days to clinch TikTok deal
The move represents an about-face for Trump and prompted the US tech giant to declare its interest in the blockbuster social media deal that could further inflame US-China relations.
