business

Elbit systems hits record highs as global defense budgets surge

Elbit Systems achieved a record order backlog, driving revenue growth.

By SHIRI HABIB-VALDHORN/GLOBES/TNS
22/01/2025

Business data company Lusha acquires Israeli startup Novacy

This move aims to add call analysis capabilities and transform Lusha into a comprehensive end-to-end sales intelligence platform.

By WALLA! TECH
22/01/2025

Wolt launches premium subscription, series of new features in Israel

The subscription will allow customers to order from restaurants situated at a 4 km aerial distance from them when ordering at a minimum of NIS 60.

Gaza ceasefire with Hamas could reduce risk to Israel's economy - Moody's

"Domestic political challenges and security concerns are some hurdles for Israel that may impede further progress," the agency said. 

21/01/2025

Israel online trading platform eToro files for Wall Street IPO in Q2

According to the report, the company plans to complete the IPO in the second quarter of 2025, which will be led by Goldman Sachs, Jefferies, and UBS.

By MEYTAL VAIZBERG/GLOBES/TNS
21/01/2025

Hi-Tech sector shows resilience and adaptability amid wartime challenges

Israeli tech shows surprising resilience: 70% project growth despite war disruptions, but 80% need fresh capital within six months as reserve duty and flight cancellations strain operations.

 U.S. money supply on the rise

Dazz CEO: Wiz has potential for $100b valuation

Former Microsoft colleagues unite as Wiz acquires Dazz, with investor Asheem Chandna and CEO Merav Bahat revealing the merger's strategic vision to build a $100B cybersecurity leader.

By MEYTAL VAIZBERG/GLOBES/TNS
17/01/2025

Cloudinary recognized by Gartner as leading digital media asset management platform

Israel-based cloud media management firm Cloudinary, serving 10,000 organizations globally, earns recognition for its AI-driven platform that helps companies automate digital asset workflows.

Lenovo to buy Israeli enterprise storage co Infinidat

Chinese tech giant Lenovo's first major Israeli acquisition targets profitable storage company Infinidat, marking its entry into Israel's tech ecosystem with plans for a local R&D center.

By ASSAF GILEAD/GLOBES/TNS
17/01/2025

Intel to spin off its venture capital arm

Intel, which will remain an anchor investor, said the standalone operations are expected to begin in the second half of 2025 and will have a new name.

By REUTERS
15/01/2025
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