Over the past 2 years, Israeli companies have brought in big money from foreign investors.
PepsiCo recently announced the acquisition of Sodastream for $3.2 billion. In March of this year, California-based KLA-Tencor acquired the technology manufacturer Orbotech for $3.4 billion. Earlier this month, food and flavoring giant Frutarom was bought by the IFF for $7.1 billion, the second largest Israeli exit. But the largest such buyout took place in March of 2017, when Intel bought driver-assistance systems developer Mobileye for $15.3 billion. This was followed by the sale of Neuroderm, a biotech company focusing on CNS disorders, to Mitsubishi Tanabe Pharma for $1.1 billion. Israeli companies have also made successful IPOs, with Wix appreciating to nearly 5 times its original value.
It's no wonder that Israel is know around the world as the "Start-Up Nation"
