1 / 25

Hi-Tech in Israel

Hi-Tech in Israel. Venture-backed Investment trends. Venture Capital Investment Level SOURCE : Money Tree. Average Investments by round SOURCE : Money Tree. # of deals 1999. # of deals (Q1-Q3)00. $ million. 53 61. 35 62. 85 81. 78 93. 84. 58.

xue
Download Presentation

Hi-Tech in Israel

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Hi-Tech in Israel

  2. Venture-backed Investment trends

  3. Venture Capital Investment Level SOURCE: Money Tree

  4. Average Investments by round SOURCE: Money Tree # of deals 1999 # of deals (Q1-Q3)00 $ million 53 61 35 62 85 81 78 93 84 58

  5. Average deal sizeSOURCE: Money Tree 1999 Avg. YTD Q3 Avg. Israel 2.9 5.96 US 8.9 13.2 Europe 1.9 N/A

  6. Average Investments by the main Industries source: Money Tree # of deals 1999 # of deals (Q1-Q3)00 $ million 31 50 27 63 10 59 87 92 64 79

  7. Average Deal Size - Total, Internet-Related & Non-Internet-Related SOURCE: Money Tree $ million

  8. Average Deal Size - Total , Software, Telecommunication-comparison SOURCE: Money Tree $ million

  9. Kesselman & Kesselman VC Funds

  10. Venture Capital RaisedSOURCE:Zinook research & data center $ million

  11. Total Amount raised by Israeli Hi-Tech companies SOURCE: Money Tree

  12. Venture Capital fund SOURCE: Zinook research & data center • Initial analysis indicates that capital raisings by Israeli VC funds during 2000 exceeds $2 billion. • Total capital raised by venture capital funds from 1991-2000 exceeds $6.5 billion. • According to Zinook’s analysis, more than $3 billion are available for investment.

  13. Leading Israeli VC fundsSOURCE: FACTS. (D&A) Fund name Total capital managed ($ in M) # of investments # of exits % exits Polaris Venture Capital 700 60 12 20% Star Venture Enterprises 594 124 44 35% Genesis Partners L.P. 349 37 9 24% Gemini Capital Fund 296 48 12 25% Formula Ventures Ltd. 290 17 1 6% Israel Seed L.P. 258 42 3 7% Concord Venture Management 255 33 4 12% Jerusalem Ventures Partners 255 30 9 30% Giza Venture Capital Fund 255 43 12 28% Tamir Fishman Ventures 225 The Challenge funds 195 47 1 2% Eurpean Venture Partners 150 10 AIG Orion Venture Capital Advisors 110 10 Zinook 100 2 Acend Technology Ventures 85 8 1 12.5% Israel Infinity Venture Capital Fund 85 21 16. Total 4,202 532 108 20%

  14. Kesselman & Kesselman Israel-comparison

  15. Money Tree Total Investments1997 to Q300 NASDAQ Index

  16. Internet-Related Investments by Sub-Category % of Total

  17. With U.S. States - (Q1-Q3) 00 ($ Million)SOURCE: Money Tree $ million 1999 16,873 3,657 1,520 1,852 1,010 1,306 740 751 1,206 777 6,913 Total U.S. Investment= $54,394 Billion

  18. With U.S. States - (Q1-Q3) 00 (# Deals)SOURCE: Money Tree 1999OF DEALS# 1525 443 347 211 228 135 111 95 138 99 896 Total U.S.= 4,137 Deals

  19. Europe - Investments by Country 1999 ($ Million) SOURCE: Money Tree $ million 1998 1,988 756 544 567 270 189 122 112 161 124 108 45 38 27 6 15 0 10

  20. Kesselman & Kesselman Mergers & Acquisitions

  21. Acquisitions of Israeli related Hi-Tech Companies by foreign Investors, 1998-Q300 - selected list SOURCE : Zinook research & data center Israeli CompanyAcquiring CompanyDetails of Acquisition 2000 Chromatis ( PwC ) Lucent Valued at $4,800 million MMC (PwC ) AMCC Valued at $4,500 million Galileo Marvell Valued at $2,700 Million Scitex (PwC ) Creo Valued at $500 million Tradum VerticalNet Valued at $480 million InfoGear Cisco Systems Valued at $301 million HyNex Cisco Systems Valued at $127 million PentaCom Cisco Systems Valued at $118 million Indigo (PwC ) HP Valued at $100 million 1999 DSP Communications (PwC ) Intel Valued at $1,600 million New Dimension BMC Valued at $650 million Libit (PwC ) Texas Instruments Valued at $357 million Oshap SunGard Data Systems Valued at $210 million Telegate Terayon Valued at $100 million Butterfly Texas Instruments Valued at $50 million

  22. Acquisitions of Israeli related Hi-Tech Companies by foreign (Investors, 1998-Q300 - selected list (CONTINUED Israeli CompanyAcquiring CompanyDetails of Acquisition 1998 Memco Platinum /(CA) 100% for $412 million Mirabilis (PwC ) America Online 100% for $407 million Elbit Ultrasound GE Medical Systems Valued at $230 million Teledata Telecom ADC Telecom 100% for $200 million Lannet (PwC ) Lucent 100% for $117 million Elscint GE Medical Systems Valued at $100 million Wave Access Lucent 100% for $56 million CLASS Data Systems (PwC ) Cisco Systems 100% for $50 million Picture Vision Eastman Kodak 51% 19981999(Q1-Q3)00 Total amount: 1.57 billion 2.967 billion 13.626 billion # 0f deals 9 6 9 Average deal size 0.17 billion 0.495 billion 1.514 billion

  23. Capital raised in public offering of Israeli companies in the U.S. & Europe (1993-Q300) SOURCE: 1993-1999, Zinookresearch & data center $ million

  24. IPO,Follow on Offerings (of Venture Capital- backedcompanies), M&A-comparisonSOURCE: 1995-1999,Zinook research & data center

  25. Kesselman & Kesselman The land of Milk and Honey has become the land of Tech and Money Joseph Fellus Senior Partner and High-Tech Practice Leader PricewaterhouseCoopers Israel

More Related