Israel21C – Israeli high-tech exits at $10 billion in 2016
4 January 2017
End-of-year IVC-Meitar market report shows 93 merger & acquisition deals, 8 buyouts and 3 IPOs.
The Israeli high-tech arena posted $10 billion in exits in 2016 – including the $4.4 billion Playtika acquisition in July — according to the annual end-of-year market report by IVC-Meitar.
A breakdown of the numbers shows Israeli high-tech companies closed 104 deals – including 93 mergers and acquisitions (M&As) with a total value of nearly $8.8 billion; eight buyouts that generated $1.22 billion; and three small IPOs garnering $15.1 million, according to the IVC-Meitar High-Tech Exits Report published on January 3, 2017.