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AltAssets is the private equity news and research service from Almeida Capital
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PRINT THIS PAGE M&As of VC-backed Israeli high tech companies totalled $1.9bn in 200726/03/2008. Source: AltAssets. 
Last year 32 M&A deals involving venture capital-backed Israeli high tech companies accounted for $1.9bn of the $3.2bn total value of M&A deals (75) involving any kind of Israeli high tech companies, according to data from the IVC Online Database, developed and maintained by the IVC Research Center. M&A deals involving venture-backed companies included AOL's $363m acquisition of Quigo and NICE Systems' $280m acquisition of Actimize.
IVC general manager Guy Holtzman said, 'In times of uncertainty in capital markets, exits generally take place through M&A transactions rather than IPOs.
'Global technology firms with operations in Israel may well take advantage of the current economic situation and expand their local activities through acquisitions,' Holtzman added.
Copyright © 2008 AltAssets
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