McDonald’s, Nvidia and Salesforce all want a bite of the Tel Aviv tech crop. Here’s what you need to know about Israel’s bustling M&A scene.
[VIA BUSINESS INSIDER] In mid-March, the US chip company Nvidia announced an eye-popping $6.9 billion acquisition of Israeli semiconductor company Mellanox, underscoring the buzz around Israeli tech companies.
Two weeks later a more curious US-Israeli tech deal took place when McDonald's acquired AI company Dynamic Yield for more than $300 million.
While the highs are getting higher, mid-$100 million exits remain the common exit for Israeli tech startups, according to experts in the space.
Here's what you need to know about the bustling tech mergers and acquisitions scene in Israel >
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