May 3, 2017

Israeli on-demand car service Gett reportedly paid $200 million for Juno, a rival in the New York market, making it the biggest Israeli exit deal in April.

According to TechCrunch, which broke the story, the acquisition of Juno will strengthen Gett’s position in the rides-on-demand market.

Israel’s Luck Genome was on the other side of an exit deal last month, being picked up by Dutch game developer GamePoint for $12.5 million.

The Tel Aviv company develops social casino games and will continue to do so from its local digs as GamePoint’s new development center in Israel.

“We added a strong and motivated team of specialists with valuable knowledge in the industry. This knowhow and the knowledge of the product gives us a head start in the current, fast changing world of social casino games, with which we can further strengthen our market position,” said Amon Endt, CEO of GamePoint.

“The Social Casino market is in a tremendous growth momentum, and joining GamePoint, which is a significant player in this field, is expected to help us in our global expansion efforts and the realization of our potential,” said Guy Ezra, founder and CEO of Luck Genome.

Earlier in the month, WalkMe digital adoption platform acquired analytics startup Jaco and announced that it would integrate the latter’s technology into its Digital Adoption Platform (DAP).

No terms were disclosed about the deal.

This was WalkMe’s second acquisition of 2017, after the company bought mobile A/B testing startup Abbi for an undisclosed amount in January.

US-based Magento acquired Shopial, which created software that helps online businesses develop a social version of their stores, for an undisclosed purchase price in April as well.  The Israeli company is in the process of being moved to Philadelphia.

And SeatGeek, a US-based mobile-focused ticket platform that enables fans to buy and sell tickets for events, bought Israel’s TopTix, known for cutting-edge software for ticketing, fundraising and customer relationship management, for $56 million.

More on News

Read more: