Top 10 Israeli Exits, Mergers & Aquisitions Of All TimeOct. 30, 2013
You’ve all heard about Google’s $1 billion acquisition of Waze, but when it comes to exits by Israeli startups, that was only the tip of the iceberg. Just recently, mobile data optimization startup Onavo was acquired by Facebook for $120 million.
While some insiders claim that too many Israeli startups are “rushing to the exit,” rather than establishing large and powerful companies, the acquisition of so many startups for big bucks validates the strength of the Startup Nation.
But what are the most successful Israeli exits of all times? NoCamels found out.
1. NDS: Acquired by Cisco for approximately $5 billion
NDS was established in 1988, one of the first Israeli startups to do software development. In its many years of operation, NDS primarily developed software for the pay TV industry, or subscription television. Their most famous product, Videoguard, is a digital encryption system that protects conditional access television content and is used by more than 85 leading pay TV operators around the world. Some of the major television broadcasters using NDS include DirecTV in the US and Yes and Hot in Israel. After nearly three decades of success, NDS was acquired by Cisco in March 2012 for $5 billion.
2. Waze: Acquired by Google for $966 million
Waze is a community-based mapping, traffic and navigation application. Waze provides turn-by-turn information, travel times, and real-time updates on events like accidents, delays and obstacles. Waze was created at a time when Google Maps weren’t yet available in Israel and used crowdsourcing for much of its mapping and real-time data. The company was reportedly in talks with Apple and Facebook before signing the deal with Google, which agreed to keep the Waze headquarters in Israel. The deal was finalized on June 11, 2013, with a $966 million price tag.
3. Trusteer: Acquired by IBM for $800 million
According to their website, Trusteer is the global leader in endpoint cybercrime prevention. Their products stop the root cause of data breaches and fraud losses: the compromise of employee and customer endpoints by advanced malware and phishing attacks. Their portfolio of products blocks online threats by combining multi-layer security software with real-time intelligence. The exact details of the sale were not made public, but IBM is said to have dished out between $800 million and $1 billion on Trusteer on August 15th of this year.
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