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Record Value of Acquisition in First Half 2019

Mellanox

According to IVC Research Center, the value of Israeli exits closed during the first half of 2019 totaled $14.9 billion. The largest share of these exits went to Mellanox, which was purchased for $6.9 billion. Even without the Mellanox purchase, 2019 remains the biggest first half of year of Israeli acquisitions in the last five years. Over the course of the past six months, 23 deals valued between $100 million and $1 billion were completed; this compares with a total of 18 deals that size in all of 2018. During H1 2019, there were a total of 66 exits and IPOs, compared to 73 within the first half of 2018. However, despite the lower number of deals, their value was equal to all of the deals closed throughout 2018. Four Israeli companies went public during the first half of 2019, with two of them being listed on the NasDaq (i.e., Fiverr and Tufin).

The following are the largest exits for the first half of 2019:

Mellanox …………. acquired by Nvidia for $6.9 billion

SafeCharge …….….. acquired by Nuvei for $890 million

Zoominfo ……….….. acquired by DiscoverOrg for $800 million

Demisto ………….…. acquired by Palo Alto Networks for $560 million

Attunity …………….. acquired by QlikTech for $560 million

Twistlock …………… acquired by Palo Alto for $410 million

Damage ……………. acquired by SolarWinds for $350 million

Dynamic Field …..… acquired by McDonalds for $300 million

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