As we move squarely into the second half of 2014, Israeli startups are experiencing what portends to be a record year. In fact, total transaction volume has already exceeded all that in 2013.
In the first half of 2014, Israel has had 37 mergers, acquisitions, and IPOs. The average acquisition price an Israeli company fetched through June 2014 was $101.77 million.
Here are just a few highlights so far this year:
•Largest Israeli IPO in history: Road safety technology play, Mobileye (Nasdaq: MBLY) went public last Friday, raising over $1 billion, the largest Israeli IPO on record.
•Top Israeli acquisition: Viber, a desktop and mobile messaging app, was acquired for $900M by Rakuten earlier this year.
•Top 10 acquisitions: So far in 2014, the top 10 acquisitions accounted for 27% of total M&A activity.
•5 (+1) IPOs: In addition to Mobileye which just floated last Friday, there were 5 IPOs of Israeli companies around the world, including: Borderfree (Nasdaq: BRDR), MediWound(Nasdaq: MDWD), Lumenis (Nasdaq: LMNS), Galmed Pharmaceuticals (Nasdaq: GLMD) and Matomy (MTMY.L).
•Top M&A sectors: Top merger and acquisition activity occurred in Communications and Internet (47%), the IT sector (38%), and Life Sciences (10%).
Overall, Israel is on pace to surpass the M&A/IPO activity from 2006, a banner year in the history of the country’s tech economy.
OurCrowd put this infographic together to provide a little more color on the M&A and IPO activity in Israel for 2014 HERE.
Information taken from Forbes.com