Everyone Looking for Acquisitions in Israel
Submitted by Mergermarket, a partner of the M&A Leadership Council
Israel’s technology sector is attracting all sorts to its shores, including investors from regions that previously conducted little business in the country, panelists said during Mergermarket’s Israel M&A Forum.
“It used to be the Microsofts and the Ciscos of this world” that came looking for acquisitions in Israel, “now it’s potentially everyone,” thanks to technological convergence, Kobi Samboursky, managing partner and founder of venture capital firm Glilot Capital Partners, said. “It could be automotive, it could be industry, it could be finance. Every company needs high-tech components,” he added.
Buyers now come from virtually all sectors and increasingly from more geographies. “One of the amazing things for the Israeli high-tech scene is that it has become very clear, not just for US players, that this is the place to be,” Samboursky said.
