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Headlines
18:02
Papaya creates $100 million safety net while appealing $719 million Skillz ruling
17:32
Apple taps Israeli chip veteran to lead new AI push after leadership change in Israel
17:12
Why Visa paid $2.4 billion for an Israeli company that knows how you behave online
16:54
Former Mossad chief David Barnea joins Ondas as defense tech company builds AI-powered warfare platform
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1
Israel searches for technology that could find soldiers and pilots who cannot call for help
2
Another 10 U.S. tankers are headed to Israel's Ben Gurion as airport delays mount
3
Two Israeli startups raised half a billion dollars. Their exits reveal the cost of the funding boom
4
Former Palantir and Torq veterans raise $8 million Seed to secure the rise of AI agents
5
Israeli startups raised $1.5 billion in July as investors doubled down on enterprise AI
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Sapiens
19 stories about Sapiens
Sapiens begins global layoffs as new owner Advent reshapes the company
12.01.26
|
Sophie Shulman
The software company is laying off about 10% of its global workforce following its $2.5 billion acquisition by Advent. The cuts in Israel will be relatively modest, around 5%, while layoffs in India and the US will reach about 10% of employees. “Sapiens remains deeply committed to its Israeli site, which is central and critical to the company,” said Ernesto Marinelli, Chief People Success Officer at Sapiens.
Sapiens layoffs: “Anyone not asked to prepare layoff lists knew they were on it”
30.12.25
|
Sophie Shulman
Employees describe shock, demotions, and a rapid overhaul following Advent’s $2.5 billion takeover.
After a $2.5 billion exit, Sapiens cuts 700 jobs and replaces its entire management
28.12.25
|
Sophie Shulman
EXCLUSIVE: Advent’s takeover swiftly reshapes the Israeli software company’s leadership and workforce.
The Sapiens executive who hit billionaire status
14.08.25
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Almog Azar
Guy Bernstein’s stake in Formula makes him one of Israel’s newest tech billionaires after the $2.5 billion sale.
Advent bets on cloud transition with $2.5 billion Sapiens acquisition
14.08.25
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Almog Azar
Insurtech’s U.S. market ambitions hinge on private equity’s deep network.
Advent to acquire Sapiens for $2.5 billion, ending its public market run
13.08.25
|
Almog Azar, CTech
Insurance software maker to go private at 64% premium as private equity bets on SaaS and AI transformation.
Sapiens in $2 billion sale talks with US funds
10.08.25
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Almog Azar
The deal could value insurer-tech provider at up to $2.2 billion.
Israeli insurtech company Sapiens, valued at nearly $2 billion, eyes sale
06.04.24
|
Reuters
Sapiens started exploring a sale after attracting takeover interest last summer and put its plans on hold after the outbreak of the war between Israel and Hamas. The company revived its efforts to sell itself a few weeks ago
Microsoft looks at Israeli high-tech as its ‘Gas and Oil’ in the Middle East
24.01.24
|
James Spiro
As the company searches for potential growth engines in the region, it partnered with Sapiens as a way to better penetrate the insurtech industry.
Will insurance digitalization introduce a new social platform?
23.11.22
|
Ilan Buganim
Ilan Buganim, chief technology and information officer at Sapiens, explains how social media accelerates insurance digitalization
Insurers must embrace technology – strategically
18.08.22
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Alex Zukerman
As in many other industries where digitization has taken hold, insurance tech shouldn't be adopted just for its own sake, writes Alex Zukerman, Chief Strategy Officer at Sapiens
What Israeli technologies did Microsoft unveil and which Israeli startups are helping keep us sane?
25.09.20
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CTech
CTech Daily Roundup: Emirates Angels Investors Association looking for friends and business in Israel
CEO of Sapiens to employees "we recently encountered a cyber incident that may have caused you some discomfort"
18.06.20
|
Meir Orbach
Sapiens sent a letter to its workers, customers, and suppliers reporting the ransom attack that cost it about a quarter of a million dollars
Who paid $250K in Bitcoin ransom and which VC got acquired for $500 million?
14.06.20
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CTech
CTech Daily Roundup: Cancellation of Birthright-Taglit, Masa heritage trips to cost Israeli economy $200 million
Insurance Software Company Sapiens Acquires German Startup Sum.cumo for $32 Million
07.01.20
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Tzally Greenberg
With the acquisition, Sapiens’ primary goal is to expand its presence in the DACH region
Insurance Software Company Sapiens Acquires Spanish Insurance Company Cálculo
13.10.19
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Adi Pick
Employing more than 2,500 people globally, Sapiens develops software solutions for the insurance and financial industries
CTech’s Daily Israeli Tech News Roundup
08.02.18
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CTech
Israeli Prime Minister Says Government Should Avoid Moves to Shore Up Dollar. Generic drugmaker Teva says profit will continue to drop in 2018.
Insurance Software Company Sapiens Acquires Adaptik for Up To $22 Million
08.02.18
|
Tofi Stoler
In 2016 and 2017, Sapiens acquired two U.S.-based insurance technology firms to expand its business in the U.S. and Canada
Insurance Software Company Sapiens Raises $66 Million in Shelf Offering
14.09.17
|
Golan Hazani
The offering will refinance the loan Sapiens took out to acquire Colorado-based StoneRiver in February for $102 million