1. PricewaterhouseCoopers: Israeli mergers and acquisitions (M&A) totaled $12.6bn in 2015, a 73.3% increase over 2014 ($7.25bn). Moreover, 62 Israeli companies were acquired for $7.2bn, compared to 52 companies and $5bn in 2014, a fifth year in a row with over $5bn. Overseas investment in Israeli companies reached $6.5bn, compared to $3.8bn in 2014, a 71% increase. 2015 experienced a rise in the number of investors from the US, China, Hong Kong and Canada. Israeli entrepreneurs and developers are less inclined to sell early-stage startups, investing more resources to reach mature stage, hence the higher price per transaction/investment (Globes business daily, December 28, 2015).
2. Bloomberg (Dec. 18): “”Israel’s economic activity continues to grow, following a year with slightly weaker performance. Israel’s economy is expected to be one of the fastest growing among developed countries….The appreciation of the Israeli Shekel against the Euro and the dollar in 2015, despite the rise in US interest rates, is due to improving Israeli fiscal balances, optimism in the development of Israel’s large offshore natural gas fields, and a sustained strong economy…. Israel’s technology sector is a world-leader in a range of established and disruptive new tech areas…. Israel is home to scores of innovative companies bringing cutting-edge technologies to the global marketplace, [such as] advanced cybersecurity, medical technology, info tech and defense technology that protect airliners from terrorist missiles….”