Another Israeli exit: Netmanage sold to Rocket software for $69 million

The Israeli M&A market is on fire. Just last week HP announced the purchase of Israel-based Nur Microprinters for $117.5 million and today it’s the turn of NetManage (Nasdaq:NETM), a company with deep Israeli roots. The 27-year-old company founded by Zvi Alon has been acquired by Rocket Software for approximately $69 million cash, turning a …

Exit mobile version