Perforce Software, has completed its acquisition of TestCraft Technologies

Our client, Perforce Software, has completed its acquisition of TestCraft Technologies, which will allow Perforce to expand its automated testing platform. Perforce provides product development solutions that enhance productivity, visibility and scalability. This purchase will enable Perforce to expand its offerings to clients with the TestCraft platform, which leverages AI for codeless testing to decrease […]

TuneFork startup has completed its seed financing round

TuneFork startup has completed its seed financing round, led by Triventures-ARC fund. TuneFork technology allows users to take a short self-hearing test using only their smartphone and regular earphones. Following the test, the system builds the user a personal sound profile. The company’s goal is to help anyone to set up their sound devices in the proper […]

“Today, about 10% of Japanese foreign investments in startups are going to Israel”

With the trade war between the US and China intensifying, new opportunities for Israeli start ups are emerging in other regions in Asia, from Japan and South Korea to Taiwan, Hong Kong, and Singapore. Our partner and co-head of Asia practice, Gilad Majerowicz, explains to the Jerusalem Post. For the full article in the Jerusalem Post >> […]

Herzog Fox & Neeman Advises Aflac Ventures

We were proud to advise Aflac Ventures, the venture capital arm of Aflac, the largest provider of supplemental health insurance in the United States, in its first investment in Israel. Aflac Ventures participated in the most recent financing round of Pagaya Technologies, an Israeli fintech company that develops machine-learning technologies and big data analytics for investment […]

Congratulations to Cytegic, a cyber security start-up, on its acquisition by Mastercard

Congratulations to Cytegic, a cyber security start-up, on its acquisition by Mastercard. Cytegic’s unique capability is producing reports about vulnerabilities and threats in a way that is useful to all of the stakeholders of the organization, not only the technical team. Our team, led by partners Mor Limanovich, Adam Salkin, Ofer Granot and associate Yara Azzam, had the honor to work […]

Congratulation to Beehero for raising $4M to develop a “smart hive”

The bees’ place in our ecosystem is more significant than you might think, and the climate change puts them in danger. That’s why our partners at BeeHero are developing a “Smart Beehive” that helps farmers to monitor the bees in their fields and corps. Beehero’s product is innovative and adds technology to the way beekeepers monitor the […]

We are proud to take part in another Israeli exit.

Our partners, Hanan Haviv, Dana Zur Neumann and Rafael Herbst and associate Nadeem Shehadeh, represented NetApp, the cloud data services company, in the purchase of Spot, the Israeli cloud infrastructure management company. Spot has developed a product that reduces storage costs on storage, and they’ll be a great addition to the suite of services that Netapp offers its clients. For the article […]

The infrastructure boom: “The challenge is to explain to foreign companies what are the risks in these projects in Israel, compared with other countries”

Israel is currently in the midst of an infrastructure boom. Large transportation projects in Jerusalem and Tel Aviv are big opportunities for investors. Our partner, Mark Phillips, talked to The Lawyer about the issue and explained, “The challenge is to explain to foreign companies what are the risks in these projects in Israel, compared with other countries.”

Herzog Fox & Neeman Advised IEC -Israel Electric Corporation

Our client -IEC – Israel Electric Corporation has announced that a partnership of Edelcom, Edeltech and Shikun & Binui is the winning bidder in the tender for the sale of the 1,140 MW Ramat Hovav power plant for a price of approximately NIS 4.2 billion. The sale is another step in the implementation of the […]

Partner Liran Barak created a thorough review for The Law Reviews (TLR)

Interested in the regulation of gambling in Israel? Our partner Liran Barak created a thorough review for The Law Reviews (TLR). Israel’s approach towards gambling has traditionally been restrictive, and Barak doesn’t predict changes on the horizon, with expected increase in both restrictions and enforcement. Read the full review >> click here

Herzog Fox & Neeman Represented Meshek Energy

Meshek Energy, has raised NIS 141M, based on a valuation of NIS 376M, and will now be publicly traded on the Tel Aviv Stock Exchange. The company is controlled by eight financial organizations comprising of about 270 Kibbutzim and Moshavim all across Israel. Our partners, Nir Dash, Reut Alcalay, and associate Sharon Salinas represented the company in a very […]

Herzog Fox & Neeman Represents Microsoft

We are proud to have represented our long-standing client in another acquisition in Israel. Microsoft completed its purchase of CyberX , a provider of industrial IoT cybersecurity, helping Microsoft enhance its IoT security offering in Azure. Our partners Janet Pahima and Nathan Wiesenberg led the transaction with the support of Yuval Navot, Dr. Ehab Farah, Michal Herzfeld, Noga Benmor-Piltch, Nesimyan Adawi, Efrat Kesler Kadmon, Adar Bengom (Ortal), Nir Gal, Daniel Rosenblatt and Elkeslassy Ohad. […]

Destination Africa: Shine On Rwanda

Rwanda- Israel relationship and opportunities Hosted by Yossi Abramowitz Energiya Global, SID and Herzog, Fox & Neeman invite you to join H.E Joseph Rutabana, the Ambassador of Rwanda to Israel, to learn about the Israel-Rwanda relationship, discuss how to advance and expand our cooperation, and get an update on COVID 19. Tuesday, June 30, 2020- […]

Partners Ran Hai and Erez Abu, explain to Globes about the opportunity in SPAC

Trying to decide between an IPO and an Exit? You can have both. Partners Ran Hai and Erez Abu, explain to Globes about the opportunity in SPAC– Special Purpose Acquisition Company. The SPAC route provides an alternative to an exit, while enabling the founders to raise funds for the continued growth of the company. Our firm had recently represented SBTech, […]

Admissibility of claims in investment treaty arbitration

Partner Saar Pauker’s article “Admissibility of claims in investment treaty arbitration” was recenetly published at the Arbitration International Journal. The article argues that recourse for the doctrine of admissibility as a bar or limitation to the exercise of jurisdiction over investors’ claims should be made with considerable caution. For the full article >> click here

7 Keys to Protecting Your Company and Yourself During the Pandemic

Due to the economic effect of the Coronavirus pandemic, many companies and business entities might suffer from liquidity issues and may face insolvency or quasi-insolvency proceedings. Under Israeli law, when a company is “on the verge of insolvency”, directors and CEOs become subject to more scrutiny. Our partners, Asaf Nahum and Seffy Zinger, wrote for […]

Cellcom has completed a successful public offering

A show of confidence by the Israeli capital markets – Cellcom has completed a successful public offering, with proceeds of approximately NIS 200M. It is one of the first public offerings in the Tel Aviv Stock Exchange since the Coronavirus lockdown, and the offering was over-subscribed. This transaction was handled by our partners Ilanit Landesman Yogev, Niv Sivan, Ron […]

We are happy to announce the launch of a new venture capital fund: Hyperwise Ventures Fund.

We are happy to announce the launch of a new venture capital fund: Hyperwise Ventures Fund. The fund was established by the experienced entrepreneurs, Nathan Shuchami, Aviv Gafni and Ben Omelchenko. The fund will make seed and early stage investments in companies within the fields of cyber security and enterprise software. Even during this challenging time, the activities investment […]

Cima Fund Registration

Funds Registration with CIMA according to the new Cayman Islands Private Funds Law – Follow-up Update Dear Clients and Colleagues, Following the client update circulated by us on February 18, 2020, with respect to the requirement to register all Cayman Islands investment funds with the Cayman Islands Monitory Authority (“CIMA”), we hereby update that CIMA […]

CME + The Economics of Pandemic Recovery

Herzog Fox & Neeman is hosting CME Group in an interactive online discussion around the economic and market impact of the Covid-19 pandemic and how effective stimulus efforts might be at offsetting the disruption. Join Erik Norland, CME’s Senior Economist for a deep dive into the scenario being implicitly priced in equity, fixed income, commodity […]

Cancellation of Debt, Bad Debts, Bond Buy-Back and Debt Restructuring

Dear Friends and Colleagues, In view of the recent economic slowdown in Israel as a result of the damages caused by the Coronavirus, we recently have been seeing businesses that need to address questions relating to non-repayment of debts and the resulting tax consequences. In many cases, a business that is unable to repay its […]

Business Transactions Between Japanese and Israeli Companies

In the past few years we have witnessed a surge in the business activity between Japanese and Israeli companies, particularly in the areas of technology and innovation. The current global crisis presents many challenges but also business opportunities. The acclaimed innovation capabilities of Israeli tech companies combined with the outstanding ability of Japanese companies to […]

Israel Tax Firm Of The Year!

We are excited to announce that we have won this prestigious award by ITR – European Tax Awards 2020. This is an acknowledgement of all the hard work being done by the firm, especially by our tax department. We are proud of all of our partners and associates responsible for bringing this award home.

Electricity Market- Relief in Equity Requirements for Partnerships

Dear Clients and Friends, Good news for partnerships with a permanent electricity production license (of more than 10 MW) and those in the process of obtaining one. On May 13, 2020, Section 20(a)(1) of Electricity Sector Regulations (Terms and Procedures for Granting Licenses and the Duties of License Holders), 1997 was amended (the “Amendment”).  The […]

VC Investments in the time of COVID-19 pandemic

Herzog Fox & Neeman and FPI are glad to be conducting an interactive session for investors in private equity funds. The webinar will focus on VC investments in the time of COVID-19 pandemic, and will be hosting GPs from leading venture capital funds in Israel and worldwide, who will present some of their portfolio companies […]

Securitization | Public Offerings of Asset-Backed Bonds

Securitization | Public Offerings of Asset-Backed Bonds The Israel Securities Authority (the “ISA”)  published a report which sheds light over the ISA’s requirements when examining a public securitization transaction.   Dear friends and clients, The ISA published a report intended to increase the legal certainty for entities that consider a public issuance of asset-backed bonds […]