Israel's technology industry reached a new peak in mergers and acquisitions (M&A) deals this year, totaling $10.5 billion, according to a report from Vintage Investment Partners. The figure represents a 22% increase from the previous peak in 2021. The report also highlighted that 78% of all M&A deals involved international buyers. The venture capital sector in Israel experienced significant change, with the number of new funds falling by 35% but the average amount of capital raised per fund rising sharply. The report also noted a rise in the number of new companies founded by experienced entrepreneurs and an increase in AI investments.
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Original article source: https://en.globes.co.il/en/article-tech-ma-deals-reach-new-peak-in-2024---report-1001496187
Source Id: 2024-12-567233743