WhatFinger

Israel’s Brain Power (Hightech) Features a Grand Decade


Israel’s Brain Power (Hightech) Features a Grand DecadeAccording to PriceWaterouseCoopers, the 2019 volume of Israeli hightech exits (companies that were sold or held stock exchange offerings), totaled $9.9BN, compared to $4.9BN in 2018, $7.4BN in 2017, $14.9 in 2014, $7.6BN in 2016 and $1.2BN in 2010. If 10 follow-on deals are included (companies acquired more than once, or acquired after public offering), then the 2019 volume surges to $22BN. $4.5BN of the 2019 exits were in computing services and corporate software, $2.3BN in the chips sector, $1.7BN in life sciences, and $1BN in the Internet sector.
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