(Israel Hayom) Hezi Sternlicht - Fifty Israeli high-tech start-up companies were bought out in 2012 for a total of $5.5 billion, according to PricewaterhouseCoopers Israel. In recent years, buy-out deals in the Israeli high-tech sector have become fewer, but larger. Rubi Suliman, the head of PwC's high-tech practice, noted: "Recently, we are seeing Israeli companies grow, and become world leaders in their areas." "We are seeing companies with revenues of over $100 million. We did not see these in the past. They were being sold much earlier, often pre-revenue."
2013-01-09 00:00:00Full ArticleBACK Visit the Daily Alert Archive