You've heard about US chip giant Intel's announcement on Monday to buy Israeli car tech firm Mobileye for more than $15 billion (14 billion euros) in the largest cross-border tech deal in the Israel's history. Mobileye creates Advanced Driver Assistance Systems that provide drivers critical time to take corrective action and possibly avoid or mitigate a collision. They have already collaborated with Intel and BMW to develop self-driving cars.
Prime Minister Benjamin Netanyahu congratulated the deal and stated "Israel is becoming a global technology center not just in cyber but in the automotive sector as well."
Apple, Microsoft, Blackberry, Dropbox these are just a few of the international companies interested in the bustling Israeli exit market. Here are some of the big Israeli startup exits and acquisitions:
March 2017: Intel announces it will buy Mobileye for over $15 billion, believed to be the largest cross-border high-tech deal ever for Israel.
NDS was one of the first Israeli startups to do software development. Their most famous product, Videoguard, is a digital encryption system that protects conditional access television content and is used by more than 85 leading pay TV operators around the world. NDS was acquired by Cisco in March 2012 for $5 billion.
Chromatis Networks was an Israeli startup company which developed next-generation transport solutions. In 2000, it was acquired by Lucent Technologies (which merged with Alcatel in 2006) for $4.5 billion.
In July 2016, A Chinese corporation linked to Alibaba founder Jack Ma bought the Israeli online games company Playtika for $4.4 billion in cash. The company had been bought by US-based investors five years previously but is still based in Israel.
Security software provider Trusteer was bought out by US technology giant IBM in September 2013.
On June 11, 2013, Google completed the acquisition of Waze for a reported $1.3 billion
In February 2013 Cisco completed its acquisition of privately held Intucell. Intucell provides advanced self-optimizing network (SON) software, which enables mobile carriers to plan, configure, manage, optimize and heal cellular networks automatically, according to real-time changing network demands.