
Appetite for Israeli technology innovation has remained undiminished this year, with a surge in acquisitions and IPOs led by Alphabet’s (GOOGL.O) $32 billion purchase of Israeli cybersecurity company Wiz, PwC Israel said this week.
The consultancy said in a report that such deals jumped by 340 per cent to nearly $59 billion, from $13.4 billion in 2024. Excluding the Wiz deal, the value of transactions doubled to $32 billion.
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