5 stories for “exit”
According to The Wall Street Journal, the valuation is about $7 billion. According to Calcalist, the price is lower, about $5.5 billion, after Nvidia and Anthropic passed. The company, founded by 8200 veterans, was only founded in 2023.
After their $32 billion exit to Google, Assaf Rappaport and his partners are negotiating for the franchise at a price far below the previous deal, and have approached Discount Bank about the credit card company.
Boomi acquired Israel's Elementary Data for about $40 million to $45 million, and Rocket Software bought Geniez AI in a deal estimated at up to $100 million. A trend reshaping Israel's exit map.
The chip giant is buying the Tel Aviv quantum software company in a cash-and-stock deal, its first major acquisition in four years. Classiq will keep supporting rivals' hardware.
The US hardware startup, valued at $4.5 billion, is buying the Caesarea-based chip company in a cash-and-stock deal. Market estimates put the deal at $150 million to $200 million, and about 40 employees will join the acquirer.
