#TheMarketsTrustBibi: ‘OpenWeb’ (US-Israel) buys for $100 Million ‘Jeeng’ (Israel)

The daily example that international capital, investors, or Israeli companies themselves continue to invest in Israel. They do not run away because some left-wing hysterics believe that Israel is sinking into dictatorship since the members of the Supreme Court will soon be determined by the Knesset – instead by an opaque body – and the legislature will get the last word, so as in all western democracies.

The Israeli-founded unicorn ‘OpenWeb’ with a said market valuation of about $1,7 billion makes one acquisition after the next. Yesterday ‘OpenWeb’ announced the acquisition of ‘Jeeng’, an Israeli startup. Not likely, if ‘OpenWeb’ is convinced that Israel will turn into a dark fascist state.

#TheMarketsTrustBibi: Dell (USA) buys the Israeli Start-up Cloudify for $100 Million

Against the backdrop of a raging, hysterical left trying to badmouth Israel, facts once again strike hard the tantrum of the Left in Israel almost on an hourly base. Watch this: Dell buys the Israeli start-up Cloudify for $100 Million.

Dell says: “The transaction allows Dell to continue to innovate our edge offerings.” according to TechCrunch, which was first in.

Cloudify is a platform that turns clouds, tools & technologies into self-managed environments. The Cloudify platform provides infrastructure automation using Environment-as-a-Service technology to deploy and continuously manage any cloud, private data center, or Kubernetes service from one central point while enabling developers to self-service their environments.

#TheMarketsTrustBibi: The Shekel booms

Against the backdrop of a raging, hysterical left trying to badmouth Israel, facts once again strike: the Shekel is booming. Whether one or the other mini-fund no longer wants to invest in Israel is completely irrelevant.

The Bank of Israel set the representative shekel-dollar rate down 0.089% from Tuesday, at NIS 3.370/$. This means, in fair terms and based on the year 2023, that the Sheikel has gained around 4.8% against the US dollar so far. Distrust and weakness look different.

Without a doubt, the world is currently volatile in terms of markets and the Shekel is proving to be a safe haven, albeit a small one. Currently, inflation is 5.3% and interest rates are 3.75%. This means that the money is better invested in currency than in the savings account, which of course is not a recommendation.

#TheMarketTrustBibi: Azelis (Belgium) Strengthens Its Presence in Israel. The FoodTech Sector thrieves.

"Azelis (Brussels:AZE), a leading global innovation service provider in the specialty chemicals and food ingredients industry, announces that it has signed an agreement to acquire 100% of the shares of Lidorr Elements (‘Lidorr’), one of Israel's leading specialty chemical distributors in crop-protection, industrial materials, and care & nutrition.

Azelis is a leading global innovation service provider in the specialty chemical and food ingredients industry present in over 57 countries across the globe with around 3,000 employees.

The acquisition expands Azelis’ footprint in Israel, further building on its growing network in the region following the acquisition of Orokia in 2020. Lidorr’s wide portfolio of hundreds of products significantly strengthens Azelis’ lateral value chain in the Agricultural & Environmental Solutions as well as in Advanced Materials & Additives market segments.

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