Update: Aladdin Finally Purchased
Written by: Aaron Katsman | January 12, 2009
With a dead M&A market worldwide, it’s funny that another Israeli hi-tech player has just been acquired. Aladdin has been snapped up by Vector capital in a deal worth about $160 million. That means about a 20% premium form the close on Friday. This is being reported by the Hebrew version of Globes.
Which Israeli company may be next?????
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Aladdin is a leading vendor of hardware authentication tokens. The company is No. 1 in the software license authentication token market and No. 2 in the rapidly growing USB token authentication market. Aladdin also offers a digital rights management product for secure software distribution.