Here’s the roundup of acquisitions involving Israeli companies during November 2018.
- Israeli defense contractor Elbit Systems acquired government-owned IMI Systems for approximately $495 million and agreed to make an additional payment of about $27 million contingent upon IMI meeting certain agreed upon goals.
- US water infrastructure company Mueller Water Products agreed to pay $140 million to acquire Tel Aviv-headquartered Krausz Industries, a manufacturer and international seller of pipe couplings, grips and clamps.
- Tel Aviv-founded international cybersecurity firm ForeScout Technologies acquired SecurityMatters of The Netherlands for approximately $113 million.
- London’s Vitec Group acquired California-based wireless video chipmaker Amimon for $55 million in cash. Amimon’s development center is in Ra’anana.
- Tel Aviv-based digital marketing company Matomy Media Group sold its subsidiary in-app advertising platform Mobfox Media Advertising, which it had acquired in 2014, to the Teddy Sagi Group’s Tightline Holdings for $7.5 million.
- Ireland’s Medtronic bought Tel Aviv-based adaptable nutrition insights platform Nutrino Health for an undisclosed amount, reported by Calcalist to be around $100 million.
- Tel Aviv-based NooBaa was acquired by Red Hat software for a price that was not disclosed but reported at approximately $20 million. Noobaa develops data storage services management software.
- Symantec acquired Tel Aviv-based cybersecurity startup Javelin Networks. The companies did not disclose the financial details of the acquisition.
- Israeli-based multinational cybersecurity company Checkmarx acquired Canadian software security company Custodela, also for an undisclosed sum.