Israel Venture-Capital Tech Disposals Reach Decade High

Israel’s technology industry showed signs of maturity as the value of disposals by venture capital firms in 2013 soared to the highest in a decade as the proportion of smaller deals declined, IVC Research Center said.

Sales of technology companies backed by venture-capital investors totaled 35 transactions worth a combined $4.2 billion, the Tel Aviv-based industry-research group said in a report published today. The average $120 million value was more than double the $55 million 10-year mean, amid a “dramatic decline” in deals of less than $10 million.