Big winners from Cellebrite’s exit: Leumi, Clal and Discount bank investment arms
By Austine in Business
Updated 3 years ago
The merger between Israeli digital intelligence company Cellebrite Mobile Synchronization Ltd. and Nasdaq-listed SPAC (special purpose acquisition company) TWC Tech Holdings Corp. II at a valuation of $2.4 billion will enable three Israeli entities to record a profit of tens of millions of dollars on their investments. In June 2019,...