Eliran Furman, Nahum Zivan and Evyatar Katz, along with Peter Sugarman and Shani Rapoport, represented Mentor Graphics, a subsidiary of Siemens, in the sale of all of its holdings in Frontline P.C.B. to Orbotech for a total of $95 million and up to $20 million in revenue.
Advs. Shiri Shaham and Noa Slavin represented One1 (One Software Technologies) who has just announced the acquisition of the software company AdvanTech Technologies for NIS 24 million.
Advs. David Osborne, Ezra Gross, Eran Lempert, Shani Rapoport, Netanella Treistman, Miriam Friedmann, Shira Teger and Derora Tropp represented Medtronic PLC, in its acquisition of Nutrino Health Ltd. The Tel Aviv-based nutrition-related data services, analytics,and technologies company, will be integrated into Medtronic's Diabetes Group.
Advs. Eliran Furman, Ben Sandler, Avi Anouchi and Ivor Krumholtz represented Amimon in its acquisition by Vitec Group PLC for approximately $55 million.
Advs. Eliran Furman, Avi Anouchi and Nitzan Kahana represented Planck Re, an Israeli startup pioneering the commercial insurance data industry, providing an artificial intelligence driven data platform, in its $12 million Series A equity financing round. The round was led by Arbor Ventures, with participation from Viola FinTech and Eight Roads.
Advs. David Osborne, Ezra Gross and Elichai Bitter recently represented Belmont Instrument, LLC, a portfolio company of Audax Private Equity and leading provider of fluid management and critical care medical devices, as local Israeli counsel in its recent acquisition of MTRE Advanced Technologies Ltd. product lines from Mennen Medical Ltd. MTRE Advanced Technologies Ltd., headquartered in Yavne, Israel, is an advanced developer and manufacturer of non-invasive solutions for body temperature management.
Advs. Eliran Furman, Avi Anouchi and Nitzan Kahana represented Next47, the venture capital arm of Siemens, in its investment in Claroty, an Israeli startup which specializes in cybersecurity for industrial control networks, as part of a $60 million Series B equity financing.
Barry Levenfeld, Ben Sandler, Ira Burshtein and the intern Sophy Litvin represented EA, the leading video game company giant, in its first acquisition in Israel of Gamefly. Assisted on this deal: Eran Lempert and Erez Leibovici (tax), Miriam Freedman (IIA and privacy issues), Eli Greenbaum (encryption) and Evan Schendler (equity benefits).
Advs. David Schapiro, Eliran Furman and Ivor Krumholtz represented SteadyMed Ltd., a drug development company in its acquisition by United Therapeutics Corporation. The transaction was signed April 30 and closed August 30, 2018.
Advs. Adrian Daniels, Avi Anouchi and Dov Ehrman represented Elbit Vision Systems, an Israeli company which has developed machine vision inspection for textile fabrics and technical webs, in its acquisition by Swiss company, Uster Technologies AG. The total paid for the acquisition is approximately $32 million.