Israeli Tech Exits 2026: Every Deal Tracked, Wiz to Pillar

CTech's running list counts 87 Israeli tech deals through October 2026 and three more in early November. The biggest is Proofpoint's agreed $6.3 billion purchase of Varonis. Google also closed its $32 billion Wiz deal on March 11, the largest Israeli tech exit ever. The latest is Vanta's reported $150 million deal for Pillar Security.

By The Olam Editorial Team. Last updated: November 11, 2026 (deal data through November 9).

Contents

1. How many Israeli tech companies were acquired in 2026?
2. Which were the biggest Israeli tech exits of 2026?
3. What is the full 2026 deal tracker?
4. Which buyers are most active?
5. How do 2026 exits compare with the peak?
6. Which deals are only reported, not confirmed?
7. Frequently asked questions

How many Israeli tech companies were acquired in 2026?

CTech Data counted 87 deals on its 2026 list across the first ten months of the year, an average of 8.7 a month. May was the busiest month with 13 deals, followed by July with 11. January, February and September had 10 each, and October had nine. Since then the list has added Perion (November 1), TailorMed (November 2) and Pillar Security (November 9).

The pace has been steady rather than frantic. October was an average month by count, yet CTech put the seven October deals with a stated or estimated price at roughly $8.9 billion, nearly double the next-largest month. Two deals, Varonis and Classiq, made up $8.6 billion of that.

This tracker follows the CTech list and applies one inclusion rule. A deal counts if an Israeli-founded company or its technology was sold, merged into a larger company, or taken private, and the announcement or the closing fell in 2026. That is why Wiz, CyberArk and Armis appear here even though each was announced in 2025. All three closed in 2026.

The Israel Innovation Authority explains the same quirk in its own numbers. It recorded 198 exits in 2025, including 189 mergers and acquisitions worth $18.5 billion. When Wiz, CyberArk and Armis, which were announced in 2025 but approved only in 2026, are added, 2025 exit value rises to roughly $84 billion. Read any annual total with that timing in mind.

Hebrew-language coverage uses the word akzit (אקזיט) for an exit, rechisha (רכישה) for an acquisition and mizug (מיזוג) for a merger. Israeli hi-tech (הייטק) press often uses all three for the same deal. This page treats a sale to another company as an acquisition and a combination of equals as a merger.

Which were the biggest Israeli tech exits of 2026?

By stated price, the largest Israeli deals of the year are:

• Wiz, $32 billion. Google closed the all-cash purchase on March 11, 2026, a year after announcing it, according to SecurityWeek and Google's statement. Wiz keeps its brand and supports all major clouds.
• CyberArk, about $25 billion. Palo Alto Networks completed its cash-and-stock deal on February 11, 2026. CTech calls it the second-largest Israeli tech exit ever.
• Armis, $7.75 billion. ServiceNow completed the all-cash purchase on April 20, 2026, per its own release. Armis co-founder Yevgeny Dibrov is its CEO.
• Varonis, $6.3 billion. Proofpoint, owned by Thoma Bravo, agreed on October 15 to pay $49.75 a share in cash, a 52% premium to the June 22 close before sale rumors began, per CTech. Closing is expected in the first half of 2027, subject to shareholder and regulatory approval. Varonis was founded in 2004 and has about 1,000 of its 2,800 employees in Israel. Co-founder Yaki Faitelson is its CEO.
• Payoneer, $2.75 billion. Nuvei's all-cash deal on June 15 values the company below its Wall Street debut valuation, per CTech.
• BioCatch, $2.4 billion. Visa is buying the fraud-prevention company from private equity firm Permira.
• Classiq, $2.3 billion. Intel agreed on October 26 to pay cash and stock in the largest acquisition of a quantum computing company to date, CTech reports. Each of its three founders is expected to receive $80 million to $100 million, and its roughly 150 employees own about 10% of the company. CEO Nir Minerbi told CTech that both sides have something to prove.
• Q.ai, $1.5 billion. Apple's January 29 purchase of the secretive audio-AI startup.
• D-Fend, $1.5 billion. Motorola Solutions bought the counter-drone company on June 1. See the Olam breakdown of Israeli counter-drone companies bought by foreign buyers.
• DustPhotonics, up to $1.3 billion. Credo's April 14 deal for the Israeli photonic chip startup.

For the all-time ranking, including deals from before 2026, see Olam's list of the 10 biggest Israeli exits ever.

What is the full 2026 deal tracker?

The table lists announced deals of about $100 million and up, plus selected smaller ones that show a pattern. Newest first. Dates are announcement dates per CTech, except for the three closed 2025 deals at the bottom. Every value is a CTech figure unless the row says otherwise. "Agreed" means CTech's headline says the buyer will acquire, so closing is pending or unconfirmed.

The table is a selection. CTech keeps the complete, updated list of Israeli startup M&As in 2026, including dozens of smaller deals valued at tens of millions of dollars.

Founders behind some of the deals, where CTech or a company release names them:

• Wiz: Assaf Rappaport, Ami Luttwak, Yinon Costica and Roy Reznik, per a CTech photo caption.
• Armis: Yevgeny Dibrov, co-founder and CEO.
• Varonis: Yaki Faitelson, co-founder and CEO.
• Classiq: Nir Minerbi is CEO, and the company has three founders.
• Geniez AI: Gil Peleg and Dan Shprung, who earlier sold Model9 to BMC Software.
• Pillar Security: Ziv Karliner, co-founder. Read more in Olam's Vanta and Pillar Security report.
• Cymotive: Yuval Diskin, the former Shin Bet chief.
• Mentee Robotics: Amnon Shashua.

Other rows have Olam coverage too, including Rocket Software and Geniez AI and eToro's deal for LB Finanzas. The eToro deal is outside the table because its price is undisclosed.

Which buyers are most active?

Cybersecurity is the dominant sector, and the buyers show it. CTech's list shows these repeat buyers:

• ServiceNow: four deals on the list (Pyramid Analytics, Traceloop, ai.work and Sweep), on top of Armis. CTech called ai.work the company's fourth Israeli acquisition of 2026.
• Ondas: four announcements on the list, Omnisys ($200M), Aran ($33M), Gate Technologies ($205M) and a three-company package of Insignito, Ottopia Defense and Caribou Labs ($56M). Together that is about $494 million by Olam's own addition. Aran was its first purchase from a company traded on the Tel Aviv Stock Exchange.
• Cyera: three deals (Ryft, Genie Security and Oasis Security).
• Check Point: Cyclops Security and Cyata in February, then Deepchecks in May, which CTech called its fourth Israeli startup purchase of the year.
• Nebius: Tavily in February and Inferize in October.

Some buyers are Israeli. The Israel Innovation Authority found that 49% of Israeli high-tech companies sold in 2025 were bought by other Israeli companies, up from a 2016 to 2022 average of 43%. Torq's purchase of Jit, Elbit's purchase of Bluewhite and Check Point's string of deals fit that pattern.

Intel shows up on both sides. It agreed to buy Classiq, and it spun out RealSense 14 months before Cognex agreed to pay $600 million for it, per CTech.

The theme is artificial intelligence. CTech noted that eight of nine October deals were pitched around AI, from data security for AI agents to monitoring AI spending. Buyers are paying for small teams. In October alone, three companies with 17 employees or fewer were sold, among them six-person Geniez AI.

How do 2026 exits compare with the peak?

The headline numbers are strong, but the distribution is uneven. The $32 billion Wiz deal skews any annual total, as PwC Israel noted about 2025. Strip out the mega deals and many 2026 sales are for less than investors once hoped.

CTech's list shows the discounts:

• Perion: $420 million, which CTech called a steep fall for a once-billion-dollar company.
• At-Bay: $575 million, less than half its 2021 valuation, per CTech.
• Payoneer: $2.75 billion, below its Wall Street debut valuation.
• Hailo: sold after falling from a $1 billion valuation, having raised $340 million, with layoffs and a collapsed SPAC merger along the way.
• PayEm: sold for just $500,000 after raising tens of millions.

Olam has covered the pattern in depth in its look at exits below peak valuations. A comparison with the 2021 peak in total dollars needs a single consistent dataset, and this tracker does not yet use one.

Which deals are only reported, not confirmed?

Most values here come from CTech's reporting, not from deal documents, and the difference matters.

• Stated terms. Public-company deals such as Varonis and Perion carry disclosed per-share prices. CTech's revenue multiples are its own analysis.
• Reported prices. Pillar Security's $150 million comes from Calcalist reporting, not a company statement.
• Estimates. CTech labels Geniez, Inferize, Sweep, Tonkean and Pyramid Analytics as estimated. "Hundreds of millions" is a range, not a price.
• Undisclosed. Microchip did not disclose what it paid for Hailo. Razer's StreamElements deal is believed to be worth far less than the $111 million the company raised, but no figure is stated.
• Contingent. Endospan is up to $335 million and CathWorks up to $1 billion, both tied to milestones. CTech says Scanovate is $50 million, expected to reach $100 million.

Treat the table as a record of announcements. A deal is not final until the buyer reports it closed, and several of the largest, including Varonis, still need approvals.

Frequently asked questions

How many Israeli tech exits happened in 2026?

CTech's list counted 87 deals through October and has three more in November as of its November 9 update. That is about 90 deals, an average of roughly nine a month.

What was the biggest Israeli tech exit of 2026?

By closing date, Google's $32 billion purchase of Wiz, which closed on March 11. Among deals announced in 2026, Proofpoint's $6.3 billion agreement to buy Varonis is the largest on CTech's list.

Is Wiz a 2026 exit or a 2025 exit?

Both. Google announced it in March 2025 and closed it in March 2026. Annual statistics differ on which year to credit, which is why the Israel Innovation Authority reports 2025 exits both with and without the three deals that closed in 2026.

Which company has bought the most Israeli startups in 2026?

On CTech's list, ServiceNow has the most, with four deals plus Armis. Ondas, Cyera and Check Point follow with three or four each.

Which Israeli exits have actually closed?

CyberArk (February 11), Wiz (March 11) and Armis (April 20) are confirmed closed. Varonis is expected to close in the first half of 2027. For most other deals, closing status is not stated in the sources the Olam team reviewed.

Where can I see the complete list?

CTech publishes a running list of Israeli startup M&As in 2026. Its monthly review of October's exits explains the biggest deals.