JERUSALEM, July 15 (Xinhua) -- The total value of "exit" deals carried out by Israeli technology companies decreased by 22.1 percent in the first half (H1) of 2020, according to a report published on Wednesday.
The implementation of exit deals typically refers to the change in ownership of a start-up company mainly through mergers and acquisitions (M&A), in addition to management buyout and initial public offering.
Thus, the total exit value of deals up to 5 billion U.S. dollars in the H1 of 2020 was 5.82 billion dollars, compared to 7.47 billion dollars in January-June 2019, said the report by Israeli IVC research company and Meitar law firm.
The number of exit deals fell by 32.5 percent, from 77 deals carried out in H1 of 2019, compared to 52 deals in the same period this year. Enditem
