Israel's high-tech IPO market falls flat in '08
Correction at 9:10 a.m. PDT: The size of the average M&A deal is lower than originally reported.
Israel's high-tech merger activity fell last year, but it's IPO market took a far greater hit, according to a report released Wednesday.
The country exited the year without a single high-tech initial public offering, a first since 2003, according to the Israel Venture Capital Research Center report.
With the global economy taking a beating and the markets leaving investors running for cover, it's not surprising to see companies pulling back on IPO plans, in hopes of … Read more