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Delek Motors
2 stories about Delek Motors
Microchip acquires Hailo after Israeli AI chip startup's dramatic fall from $1 billion valuation
25.07.26
|
Meir Orbach
The U.S. semiconductor giant did not disclose the purchase price, but industry estimates suggest it is only a fraction of Hailo's previous valuations. The acquisition ends a turbulent chapter for Hailo, which raised $340 million before facing layoffs, emergency financing and a collapsed SPAC merger.
The entrepreneur with an eye for autotech unicorns
27.06.21
|
Hezi Sternlicht
Delek Motors, led by CEO Gil Agmon, has been generating plenty of income from investments over recent years to supplement its handsome profits from being the importer of Mazda, Ford and BMW products to Israel