Israeli companies are booming and the world wants in on the Jewish state’s incredible innovation!
Over the past couple of years, Israeli companies have brought in big money from foreign investors.
Most recently, PepsiCo announced the acquisition of SodaStream for $3.2 billion.
In March of this year, California-based KLA-Tencor acquired the technology manufacturer Orbotech for $3.4 billion.
Earlier this month, food and flavoring giant Frutarom was bought by the IFF for $7.1 billion, the second-largest Israeli exit. But the largest such buyout took place in March of 2017, when Intel bought driver-assistance systems developer Mobileye for $15.3 billion.
This was followed by the sale of Neuroderm, a biotech company focusing on CNS disorders, to Mitsubishi Tanabe Pharma for $1.1 billion. Israeli companies have also made successful initial public offerings, with Wix appreciating to nearly five times its original value.
Israeli companies are booming, and the world wants in on the Jewish state’s incredible innovation!