SOURCE: The Mergermarket Group

February 29, 2012 09:30 ET

mergermarket to Host Israeli Dealmakers in San Francisco

Event to Address Trends in Israeli M&A and Opportunities for Cross-Border Collaboration

TEL AVIV, ISRAEL and SAN FRANCISCO, CA--(Marketwire - Feb 29, 2012) - mergermarket, an independent mergers and acquisitions intelligence service, is proud to host, in association with Herzog Fox Neeman (HFN) and the California Israel Chamber of Commerce, an event examining cross-border opportunities between the United States West Coast and Israel.

In spite of longstanding investment flows between Silicon Valley and Israel, this inaugural event is one of the first to specifically examine best practices for completing M&A transactions in the two markets. It will feature Sigal Admony-Ravid, Consul for Economic Affairs to the West Coast, The Israeli Ministry of Industry Trade and Labor and Alec Ellison, Vice Chairman, Chairman of Technology Investment Banking, Jeffries & Co. Inc.

"M&A in Israel is expected to stay strong in 2012 mainly due to the Technology, Media, Telecoms (TMT) sector," Lisa Damast, Israel correspondent for mergermarket, said. "Despite the tough economy, technology companies in the United States still have cash to spend and are looking for innovative companies in Israel that can give them an edge over their competitors."

Apple recently acquired Israeli chip maker Anobit for USD 390m while several other companies from the San Francisco area have visited to Israel to originate opportunities. The strength of Israeli companies in areas such as mobile and software will continue to draw foreign companies while foreign venture capital and private equity funds will seek to fill the void left by the shortage of local funding in Israel.

Meir Linzen, HFN's Managing Partner, observed: "In 2011, we saw a significant level of high quality investment from the West Coast in Israeli technology companies. We believe that Israeli know-how in the TMT sector will continue to be an attractive target for leading Silicon Valley investors, TMT players and venture funds alike."

On hand will be mergermarket's New York and West Coast deputy editors, Hana Askren and Mark Andress, respectively, and mergermarket Israel Correspondent, Lisa Damast. Topics to be discussed include government involvement in securing investment flows, opportunities in the Israeli TMT sector and cross-border deal trends.

About mergermarket
mergermarket, part of The Mergermarket Group, is an unparalleled, independent M&A intelligence tool used by the world's foremost financial institutions to originate deals. It provides proprietary intelligence on potential deal flow, potential mandates and valuations via the world's largest group of M&A journalists and analysts who have direct access to the most senior decision-makers and corporates.

Incorporated in December 1999 by founders Caspar Hobbs, Charlie Welsh and Gawn Rowan Hamilton, it has since become the fastest growing business in its sector. As well as expanding its coverage across Europe, Americas, Latin America and the Asia-Pacific region, the company continues to launch ground-breaking products and services.

In August 2006 The Mergermarket Group was acquired by the Financial Times Group, publisher of the Financial Times newspaper and FT.com. FT Group is a division of Pearson plc, the international media group. For further information, please see: www.mergermarket.com.

Contact Information

  • For more information and/or interviews with Lisa Damast, please contact:

    Flora Wilke

    Head of PR, EMEA
    The Mergermarket Group


    Tel :+44 (0) 207 010 6348
    Email : Email Contact