Search by Practice
Insights & News / High Tech
September 7, 2020
Cyber Attack on Tower Semiconductor: What is the Effect on the Company’s Activity?
Tower identified a cyber attack on its systems and released a statement saying it had taken measures to prevent the event’s further development. Yuval Lazi and Anat Even Chen, partners from our firm that represent companies dealing with cyber breaches, were interviewed by Globes on the matter. They explained the attack’s impact on the company, the company’s different alternatives of how now to respond, and when and if a company should report a cyber attack.
August 5, 2020
Barnea Representing Original Shareholders the Topaz Family in Sale of Holdings in Keystone Group
About a year and a half after the investment fund Accelmed, which is managed by Uri Geiger, announced the merger of the company it controls, American Keystone Group, with the Israeli Paltop company, controlled by Shmuel Topaz, it is now acquiring the entire holdings in Paltop for NIS 100 million. This ends the conflict between the investor groups of Paltop and Accelmed. We represented the Topaz family and the Paltop investors.
July 30, 2020
Expanding to International Markets – Is Your Business Ready?
Micky Barnea was invited to be a guest speaker in a webinar held on July 30 presented together with CoWrks Foundry (an India-based accelerator), RIHub (US-based innovation hub), and Brown University. Micky discussed the legal aspects of introducing a startup to the international market.
July 22, 2020
Webinar: How to Make a Difference
The Tel Aviv University Entrepreneurship Center begins today its series of summer lectures. "Summer Entrepreneurship" is a weekly program that invites four experts to talk about various topics related to entrepreneurship. The opening webinar today will host four experts in the high-tech field in Israel, including Micky Barnea. Micky will discuss the entrepreneurial relationship and why it is critical to a venture's success.
June 22, 2020
Barnea Represented Cyberx Shareholder in Microsoft Acquisition
We represented Inven Capital, a Czech-based VC fund and a shareholder in Cyberx Israel, an Israeli IoT ICS cybersecurity startup, in Cyberx's sale to Microsoft for USD 165 million. CyberX has gained tremendous customer growth, with a number of leading companies using its IoT security platform to protect their web facilities. Cyberx has raised about USD 48 million since its inception in 2013. This is Microsoft’s eighth acquisition in Israel in the last decade.
June 8, 2020
CardiacSense Signs USD 32M Deal to Sell Watches in India
Our firm serves as counsel for Cardiac Sense, a startup that developed a medical watch for remote patient vital signs monitoring and detection of fever and chronic diseases. We represent the startup in all legal matters. Recently, we assisted the company in an over USD 30 million agreement to supply medical watches for use in hospitals in India.
May 20, 2020
First Steps for Startups: Ariella Dreyfuss Lectures at Bengis Center for Entrepreneurship & Innovation
Adv. Ariella Dreyfuss lectured today on founders' agreements and raising initial funding to Faculty of Business and Management students from Ben Gurion University’s Bengis Center for Entrepreneurship Innovation.
May 11, 2020
The Legal Aspects of Building a Startup
As part of our close relationship with AtoB, a professional accelerator in Jerusalem operated by the Azrieli College of Engineering, Yuval Lazi was invited today to discuss with early-stage entrepreneurs the legal aspects of building a startup. For more information, feel free to contact us.
May 5, 2020
Barnea Represents Surf in Sale of Video Division to Lytx
Lytx Inc., an American fleet management software developer, has acquired the video division of the Israel-based company Surf Communications, to serve as its Israeli RD center. Surf, founded in 1996, develops multimedia digital signal processing technologies for telecommunication infrastructures. Firm partners Micky Barnea and Ariella Dreyfuss represented Surf in the deal valued at between $20-30 million.
May 3, 2020
Capital Markets in the Age of Coronavirus
An MA expert, Micky Barnea was interviewed by the leading newspaper Globes as part of an extensive analysis on the long list of major deals that are being canceled and the financial uncertainty in this period. The article highlights how huge corporations are able to afford what little companies and the self-employed can only dream of. According to Micky, "Starting in February, we noticed a phenomenon in which time has become elastic. Usually people strive to keep deals at a steady pace, and once the handshake is made, they want to move faster. Now, less people are hurrying to complete a deal. They are taking time to see what will happen next in the market.”
April 22, 2020
Pi-Cardia Ltd. Raises $27 Million in Financing Round Led by Our Client Sofinnova Partners
The Israel-based global leader in the development of non-implant catheter-based solutions for treating heart valve calcification has raised $27 million in funding. The investment round was led by our client, the European life sciences venture capital firm Sofinnova Partners, with the participation of Pi-Cardia chairman Prof. Jacques Séguin and previous investors. Advs. Micky Barnea and Ariella Dreyfuss represented the client.
March 31, 2020
Jump TAU Jewish-Arab Accelerator Program Demo Day
Yuval Lazi participated today in the demo day of the Jump TAU Jewish-Arab Accelerator Program. In light of the coronavirus pandemic, the meeting took place online.
March 8, 2020
Ariella Dreyfuss Featured in Article on the Femtech Market
2019 was a record year for femtech (female technology), a term generally applied to a category of software, diagnostics, products, and services that use technology to focus on women’s health. As this is one of the most growing markets in recent years, Adv. Ariella Dreyfuss was asked by Start-Up Nation Central to discuss the challenges and potential in the market. In an interview, Ariella commented that "femtech is essentially a palatable term, a euphemism, to describe tech products and services in the field of female health: digital health apps, consumer health tech products, and medical devices that address menstruation, menopause, fertility, breastfeeding, incontinence, contraception, and female cancers.”
March 6, 2020
Firm Partners Lecture at TAU Entrepreneurship Center
As part of the firm's collaboration with Tel Aviv University's Entrepreneurship Center, we were invited to lecture students on the relevant legal aspects of entrepreneurial activity. We discussed the basics behind founders’ agreements and why it's important to make such an agreement. Yuval Lazi explained the methods, possibilities, and challenges of venture capital raising, from family and friends to exits. Anat Even-Chen concluded with a lecture on online business activities, including what website policies should contain and how to build a business correctly so as not to be exposed to privacy issues.
March 4, 2020
Article: Snapshot of the Israeli Fintech Scene
Simon Jaffa and Dr. Zvi Gabbay take a look at the challenges and opportunities in the Israeli fintech sector in this short article.
March 3, 2020
Representing MAT Investment Holdings in Merger between Two Manufacturers of Control Valves from Kibbutz Industry
Our firm represented the Spanish multinational industrial group MAT Investment Holdings in the merger of its Israeli subsidiary Dorot Management Control Valves from Kibbutz Dorot with A.R.I. Flow Control Accessories, a company owned indirectly by Kibbutz Kfar Haruv.
February 26, 2020
Zvi Gabbay Attends Fourth Annual FOW Derivatives Israel Conference
Dr. Zvi Gabbay served as a panelist for the annual FOW event. The panel discussed the essentials for entrepreneurs entering the fintech market.
February 23, 2020
Chambers TMT Guide 2020: Law in Practice
As experts in the TMT field, our firm was asked to contribute the Israeli law and practice overview for the Chambers Israel TMT guide. In their overview, Micky Barnea, Daniel Lorber, and Anat Even-Chen discuss legal considerations for big data, machine learning, and artificial intelligence. They also address key data protection principles, the challenges with IT service agreements, privacy matters, and more. As a whole, the TMT guide offers insights for each jurisdiction.
February 19, 2020
IBM Alpha Zone – Mentors Meet Class 10
As part of the firm's representation of the IBM Alpha Zone Accelerator, Adv. Ariella Dreyfuss attended a session with participants of the new class and lectured on raising financing and investment terms.
February 19, 2020
Daniel Lorber Lectures at Israeli Go Global Forum's Meetup
Adv. Daniel Lorber participated today at the Israeli Go Global Forum meetup. Daniel presented to participants the issues that arise when deciding whether to recruit a local manager versus relocating an Israeli manager abroad.