Lenovo acquires enterprise storage company Infinidat in its first Israeli acquisition

Lenovo acquires enterprise storage company Infinidat in its first Israeli acquisition. The Chinese tech giant plans to establish a development center in Israel, expanding Infinidat’s team and strengthening its global storage solutions portfolio.

eToro files for US IPO, targeting $5 billion valuation. Israeli trading platform plans New York listing as early as Q2 2025.

NetApp sells Spot to Flexera for $100 million, four years after $450 million acquisition. The move marks a significant shift as NetApp refocuses on its core data infrastructure business.

Microsoft's $1B climate fund hasn’t backed any Israeli startups despite opening a local office two years ago. Despite opening a dedicated office in Israel to support climate-tech innovation, Microsoft’s Climate Innovation Fund has yet to invest in any local startups, leaving the country’s burgeoning climate-tech sector without promised support.

Nilus nets $10M for AI-powered treasury management platform. The Israeli startup’s platform provides organizations with one tool to collaborate on for treasury, accounting, and FP&A.