ODDITY Tech has successfully listed on the Nasdaq at a company value of $2 billion

Happy to open the trading day in New York with a new IPO! ODDITY Tech (owner of IL MAKIAGE and Spoiled Child) has successfully listed on the Nasdaq at a company value of $2 billion. We are very proud of our clients. We’ve also had the honor of having our lawyers’ images displayed alongside the famous Time Square […]

How to find the best with diversity

We came to the realization some years ago that there were pools of talent in Israeli society that were not an integral part of the legal landscape in Israel. In order to keep growing and to attract the best talent, we needed to ensure our appeal to all communities that make up the tapestry Israeli […]

Law of the Draw Event

Legal trends, challenges and opportunities for growing gambling and gaming companies, including updates on recent market trends. We are excited to announce that we are soon to host a unique gaming law event together with the global law firm Taylor Wessing. This half-day event, titled “Law of the Draw”, is aimed at growing gambling and […]

Herzog represented KOMPAS Ventures

We represented KOMPAS Ventures in a Preferred Seed-4 round, pursuant to which KOMPAS, led an $8M investment round in Structshare Technologies Ltd. This is one of the first investments in Israel by Kompas Ventures, a global environment and construction digitalization VC, with a unique participation of leading US strategic investors. It symbolizes the accelerated growth […]

Herzog represented NGP Capital

We represent NGP Capital, a $1.4B growth-stage investment firm, that invests in the cybersecurity, edge cloud, digital industries and digital transformation, on all of the fund’s invetments in Israel. In this transaction, we have successfully represented NGP Capital along with and AW Ventues, as lead investors, in a $33 million Series B financing round of […]

Herzog Represented Philips

We represented Philips in the acquisition of DiA Imaging Analysis Ltd. Philips acquisition of DiA – acquiring the company after joining the company as an investor just two years before. One of only a few acquisitions done by Philips, one of the largest healthcare companies worldwide, in Israel. A highly complex transaction completed in a […]

Herzog acted as Israeli counsel representing Hewlett Packard Enterprise

Herzog acted as Israeli counsel representing Hewlett Packard Enterprise in its acquisition of the Israeli cloud security company Axis Cyber Security Ltd. The acquisition of Axis Cyber Security Ltd. included aspects from many areas of expertise. Such areas included a special structure of the acquisition under the Israeli Companies Law as well as aspects of […]

Herzog reprenseted BuildOS

Herzog reprenseted BuildOS (DBA: SWAPP) a company in the field of construction and property technology in a financing round involving both existing investors, strategic investors as well as new VCs investing in the company. Herzog provided BuildOS with legal advice on all matters related to the financing round including corporate, tax and intellectual property. Read […]

Herzog represented Dropit Shopping

We represented Dropit, a retail technology platform that bridges the digital divide by unifying merchants’ online and in-store inventories, in its $25 million Series C round. Dropit’s Series C round was led by Vault Investments, with participation from Tiga Investments, Axentia, Sugarbee and others, including former Macy’s CEO Terry Lundgren, who sits on Dropit’s board […]

Herzog represent Kubota Agrotech venture

Herzog represent Kubota Agrotech venture on all of its investments in the Israeli Agri-tech industry. This year, we’ve represented Kubota in its investment in Israel – a $12 million financing round at Clarifruit, an Israeli startup, which offers an AI-powered quality control SaaS solution for the fresh produce supply chain.

Herzog Represented Coro in an $97 million financing round

We represented Coro, an Israeli cybersecurity company, in an $104 million financing led by UK fund Balderton Capital, (EIP) Energy Impact Fund, Neva Fund, and JVP.  We are proud and honoured to have supported Coro for many many years, and thrilled to represent the company in this remarkable achievement during challenging global market. For more […]

New Tax Benefits for Encouragement of the High-Tech Industry

Dear Clients, Colleagues and Friends,   Background – The New Law, its Purpose and the Benefits it Offers   On July 25, 2023, a law granting significant tax benefits aimed to bolster the high-tech industry was passed in the Israeli Parliament.   This law is designed to strengthen the Israeli high-tech industry by granting Israeli […]

Important Update on Proposed Legislation regarding Israeli Tax Residency of Individuals

Dear clients, friends and colleagues, We are pleased to update you regarding a proposed bill recently published by the Israeli Ministry of Justice on July 24, 2023 (the “Proposed Bill“). This bill addresses the definition of “Israeli Resident” and “Foreign Resident” for Israeli income tax purposes concerning individuals and suggests significant changes to existing law. […]

Our client Snyk acquires Israeli start-up Enso Security

Our client, the UK based cybersecurity company,  Snyk, has acquired the cybersecurity startup, Enso Security. The acquisition of Enso Security expands Snyk’s capabilities and further solidifies its presence in the cybersecurity market and Israel. We wish to thank our partners Dan Sharot, Efrat Kesler, Dr Ehab Farah, Hanan Haviv, Iris Achmon, Nir Gal, Ronen Avner, […]

The European Commission Adopted EU-US Data Privacy Framework for Data Transfers

The European Commission (“Commission“) has formally adopted its new adequacy decision for the EU-US Data Privacy Framework (“DPF“) under the General Data Protection Regulation (“GDPR“). The decision concluding that the US ensures an adequate level of protection for personal data transferred to organizations participating in the DPF. The DPF, which was drafted in conjunction with […]

Herzog Guide – Using Artificial Intelligence Systems in Organizations

Dear clients, colleagues and friends, The use of Artificial Intelligence (AI) systems is becoming more common in businesses, product development and commerce contexts. Following questions raised by many colleagues and clients in a variety of industries, we have put together this guide, which provides an initial overview of the key legal risks associated with using […]

The Federal Trade Commission Published its Updated Endorsement Guides

The Federal Trade Commission (“FTC“) has recently announced the anticipated finalization of its updated Guides Concerning the Use of Endorsements and Testimonials in Advertising (the “Guides“). The updated Guides provide guidance to businesses regarding truthful advertising practices involving reviews and endorsements. The Guides reflect the FTC’s updated view on addressing the evolving landscape of advertising […]

Delaware’s Privacy Legislation Lands as the 12th Statewide Comprehensive Law

On 30 June 2023, the Delaware legislature passed the Delaware Personal Data Privacy Act (HB154), marking Delaware as the 12th state (and the 7th since the beginning of 2023) to enact a comprehensive consumer data privacy legislation. The bill joins the Delaware Online Privacy and Protection Act, which has been in effect since 2016. Once […]

Dr. Roy Schöndorf will be joining Herzog as a Partner

Dr. Roy Schöndorf joins Herzog as a Partner and will be responsible for a range of international and government related matters. Dr. Schöndorf began his legal career in the Israel Defense Force’s International Law Department, where he acted as a legal adviser in Israel’s negotiations with regional countries. Following his military service, Dr. Schöndorf completed […]

Women In Tech Israel – Let’s talk about AI!

Discover how AI empowers diversity & inclusion by eliminating biases, fostering fair decision-making, and creating equitable opportunities for all.   6:00 – 6:30 PM | Welcome cocktail and registration 6:30 – 6:40 PM | Opening 6:40 – 7:00 PM | An AI based framework to make the world a fairer place 7:00 – 7:30 PM […]

Tailoring an AI policy as a GC

We are delighted to invite you to a fascinating Conference, “Tailoring an AI policy as a GC”, which will take place on Wednesday, July 12, 2023, from 09:30 to 12:00, at Herzog Tower, 6 Yitzhak Sadeh St, Tel Aviv, Israel. This Conference will explore the emerging legal risks of using AI in technology. We aim […]

Social Gaming Operators under Litigation Storm in the United States

In recent years, the activities of social gaming operators, as well as sweepstake operators, have been facing increasing legal scrutiny in the United States, with a series of high-profile state class-action lawsuits challenging the legality of these activities. This litigation trend can be traced back to Washington, where a series of class action lawsuits resolved […]

Medtronic Takes a Tax Hit in Israeli Transfer of IP / FAR Court Case

New Court Decision Affirms the ITA’s Position regarding FAR Transfer The Central Region District Court recently issued a ruling with respect to a tax appeal filed by Medtronic Venture Technologies Ltd. (the “Taxpayer“). The Medtronic ruling deals with a notice of deficiency issued by the Israel Tax Authority (the “ITA“), in which it determined that […]

Neogames acquired for 1.2 billion dollar

Warm congrats to our longstanding client NeoGames (Nasdaq: NGMS) for their acquisition by Aristocrat Leisure (ASX: ALL) for $1.2 billion!! The fantastic deal was signed on May 15, and was a complex cross-border take-private transaction, which required the joint efforts of interdisciplinary teams at our firm. Neogames is an online gaming company registered in Luxembourg and […]

IMCD N.V. signs agreement to acquire 100% of shares of KOI Products Solutions and Engineering

Congratulations to our client, IMCD N.V, a leading distributor of speciality chemicals and ingredients, on signing an agreement to acquire 100% of the shares of KOI Products Solutions and Engineering, an Israeli company which serves the composite, paint, cosmetics, coatings, and ink market. This is the third transaction of IMCD Group in Israel represented by Herzog and we […]