SAP acquiring digital adoption platform WalkMe for $1.5 billion

SAP acquiring digital adoption platform WalkMe for $1.5 billion. The Israeli company was valued at less than $880 million on Tuesday, meaning the offer of $14 per share represents a 45% premium.

Cultivated meat startup Aleph Farms lays off 30% of staff. The difficulty in securing significant investment over the past year, coupled with a marked decrease in investor interest in alternative protein and cultivated meat, led to the layoffs.

Fintech company Pagaya cutting around 20% of workforce in second round of layoffs. The Nasdaq-traded firm is laying off 100 employees in total and is continuing to reduce its presence in Israel.

Music to their ears: Pop hit-producing brothers harness the power of AI. After two big exits with high-tech companies, and after producing some of the biggest music hits of the last few years in Israel, the Antebi brothers are ready to connect the two worlds, and make musical technology, or technological music, with AI tools that should make each of us a music producer.

Marketing analytics unicorn AppsFlyer eyeing Wall Street IPO. The Israeli company is aiming to raise $300 million in the offering later this year or early next year, according to a report by Bloomberg.