Tag: IsraelBased

Israel-based bourse teams up with Fireblocks

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Israel is expanding its regulated cryptocurrency offerings through the Tel Aviv Stock Exchange (TASE) by partnering with Fireblocks to provide secure institutional-grade services, according to an Aug. 1 press release. Forging partnerships This collaboration will enable TASE to offer digital asset solutions to regulated entities and advance Project Eden, a government digital bond initiative via blockchain technology.  Fireblocks’ CEO believes their products and services will be foundational to the future of Israel’s economy.  The deal follows Fireblocks’…

Israel-Based Game Developer Playtika Sends Acquisition Proposal to Angry Birds Creator Rovio

This is the second offer made by Playtika to Rovio. No agreements have been made between the companies, and there is no assurance that any transaction will materialize or eventually be completed. Israel-based mobile games developer Playtika Holding Corp (NASDAQ: PLTK) has sent a proposal to buy Finnish video game developer Rovio Entertainment Corporation (HEL: ROVIO). The price of the acquisition deal would be as much as 683 million euros ($737.50 million), or 9.05 euros per share, paid in cash. Playtika Interested in Acquiring Rovio Notably, this is the second acquisition…

Israel-Based Playtika Confirms 15% Layoff of Workforce 

In the email that confirmed the latest headcount reduction, the CEO wrote that it was difficult for the company to reach the decision. Israel-based digital entertainment company Playtika is the latest company to receive the hit of the global economic meltdown as it plans a 15% layoff of its entire workforce. Many companies have dismissed significant percentages of their staff to cut back expenses and push through these challenging times. The dice have rolled again, and Playtika has confirmed the layoff of 610 employees of its 4,100 people of its…