Economy · Full coverage
Wysure Globaltech Acquires US Insurance Firm UBIC for $900,000
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
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By בן פלמון
First reported by Ice · 5 hours ago
What happened
Israeli company Wysure Globaltech is acquiring a controlling stake in US insurance firm UBIC and its sister company URS for $900,000, a reduction from an earlier proposed price. The deal aims to expand Wysure's US operations, with plans for further investment and integration.
- 01Wysure Globaltech to buy 92% of US insurer UBIC and URS for $900,000.
- 02Acquisition price is $300,000 less than initially proposed.
- 03UBIC specializes in workers' compensation insurance.
- 04Wysure plans additional $10 million investment post-acquisition.
- 05UBIC reported a net loss of $4.7 million in 2025.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
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