Economy · Full coverage
Ondas to Acquire Israeli Firm Nirosta North for $250 Million
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
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By מערכת ice
First reported by Calcalist · 10 hours ago
What happened
Defense tech firm Ondas is nearing a deal to buy Israeli company Nirosta North for about $250 million, adding significant manufacturing capabilities to its portfolio. The acquisition follows Ondas' recent appointment of former Mossad chief Dedi Barnea as chairman and a series of other acquisitions.
- 01Ondas plans to buy Israeli firm Nirosta North for $250 million.
- 02Former Mossad chief Dedi Barnea chairs the acquiring company, Ondas.
- 03Nirosta North is a critical subcontractor for major Israeli defense firms.
- 04The deal signifies a major expansion for Ondas.
- 05The acquisition offers a substantial profit for current owners.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
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