JERUSALEM, Dec. 24 (Xinhua) -- Israeli technology companies signed "exit" deals worth a total of 9.9 billion U.S. dollars in 2019, a 102 percent jump compared to 4.9 billion dollars in 2018, said a report published Tuesday by accounting and consulting firm PwC-Israel.
The exit deals in the report included merger and acquisition deals and initial public offers.
According to the report, the average deal amount has increased by 53 percent to 124 million dollars, compared to 81 million dollars in 2018.
An increase was also prominent in the total number of deals above 5 million dollars: 80 deals in 2019 signify an increase of 31 percent in the number of deals compared to 61 in 2018.
The computing and software sector led the exits, with total value of deals reaching 4.5 billion dollars, an increase of 92 percent compared to last year.
Other sectors showing significant growth were the internet and the semiconductor sectors.
The highest deal for an Israeli company in 2019 was the sale of Mellanox chip maker to the U.S. computer giant Nvidia for 7 billion dollars in March.
In the last decade, 587 transactions have been made in the total initial value of 70.8 billion dollars.
Considering follow-on transaction, the total value of the deals during the decade was 107.8 billion dollars.
The highest deal in the last decade was the acquisition of the autonomous driving company Mobileye by the U.S. Intel's leading chip manufacturer for 15.3 billion dollars in 2017.
