Showing posts with label hong kong. Show all posts
Showing posts with label hong kong. Show all posts

Tuesday, February 2, 2016

Chinese fund GOEC to participate in Israeli cyber startup Kaymera $10mm investment round

Israeli cyber security startup Kaymera has raised $10 million in a round led by a Hong Kong / China venture fund GOEC with additional participation from Israeli angel investors Eddy Shalev and Yariv Gilat.

Using the newly raised capital, the company is expected to hire 10 new employees at their office in Herzliya as well as opening offices abroad.

Founded in 2013 and led by Co-Founder and CEO Avi Rosen, Kaymera has developed a mobile cyber defense system to provide enterprises with a multi-stacked approach that includes hardware enforced endpoint protection, encrypted data and behaviour analytics to monitor and mitigate mobile threats.

Kaymera’s flagship product is a secure operating system called Kaymera 360°, which is available for the Samsung Galaxy, LG, Nexus, HTC and OnePlus One. It touts a three-tiered defense that blocks malware penetration, overlays a sophisticated resource permission process based on each app’s risk assessment, and a third layer that analyzes app misbehavior and deploys countermeasures.

The company was co-founded by CEO Avi Rosen, Shalev Hulio, and Omri Lavie in 2014. Hulio and Lavie’s previous venture, NSO, also received angel support from Eddy Shalev.


Thursday, June 18, 2015

Hong Kong Based XIO Group Acquires Israeli Company Lumenis in $510M Deal

Israeli based company Lumenis (NASDAQ: LMNS) has signed a definitive agreement to be acquired by XIO Group for $14.00 per share in cash, for an aggregate purchase price of approximately $510 million.

"This acquisition is a strong recognition and vote of confidence in Lumenis' achievements and its employees, and I am excited about the future prospects of Lumenis," said Tzipi Ozer-Armon, Chief Executive Officer.

"Over the past 3 years we have managed to transform Lumenis into a strong, growing and profitable company. We have refocused our strategy, introduced new products, and tripled our EBITDA. Furthermore, we have created a very bright and promising future for Lumenis by building a robust pipeline of innovative products, a strong sales team in each region, and by enhancing our global brand recognition. I am confident that we will continue to thrive and reach new heights together with XIO Group."

"We are excited about the announced transaction and the value created for Lumenis' shareholders," said Harel Beit-On, Chairman of the Board of Directors. "Over the last years, we had an opportunity to lead Lumenis through a strategic transformation into a valuable growing business with global appeal. We respect and appreciate the efforts of Lumenis management and employees and wish the company continued success."

The two largest shareholders of Lumenis, Viola Group and Ofer Hi-Tech, which collectively own approximately 59% of the shares of Lumenis, have entered into a customary voting agreement with XIO Group.

Based in Hong Kong, XIO Group is a global multi-billion dollar alternative investments and research firm with offices in London, Hong Kong and Shanghai. The company has a significant amount of committed capital in place for global transactions. The Group seeks to leverage its unique global network to provide growth for portfolio companies.