Israeli firms recorded exits totaling about $70 billion in the first 11 months of 2025 across roughly 110 mergers and acquisitions, marking one of Israel’s strongest financial years since the global tech boom, Calcalist reported Tuesday, citing a new annual report by Poalim Tech and Dealigence.
In recent years, the average has ranged between 60 and 70 deals annually.
The surge was driven by the largest acquisition in Israel’s history, including Google parent company Alphabet’s $32 billion purchase of cloud security firm Wiz.
Even excluding the unusual transaction and the acquisition of CyberArk by Palo Alto Networks, Calcalist reported that the upward trend remained evident this year.
A rise in domestic buyers was also recorded, with Israeli companies accounting for 35% of all acquisitions—a 12% increase compared with last year.
According to Israeli financial outlet Globes, citing a report by IVC-LeumiTech, Israel’s capital-raising industry also had a strong year, surpassing $9 billion so far, with expectations of exceeding $12 billion by year’s end.
By comparison, Israeli startups raised $9.58 billion in 2024 and $6.9 billion in 2023. In 2021, a record $25.6 billion was raised, Globes reported.
The largest figure was raised by cybersecurity company Armis, totaling $435 million, with many other firms on the list offering AI-driven cybersecurity services.
