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Arieli EL has acquired a 59.1% stake in Elron Ventures (TASE: ELRN) for $53.2 million from Discount Investment This acquisition highlights significant market opportunities in the Israeli cybersecurity and B2B software ecosystem. Elron Ventures has over $250 million in assets under management and a portfolio of 19+ companies. Since 2010, Elron's portfolio has had 15 exits totaling $2.2 billion. The acquisition is led by Lisya Bahar-Manoah, Managing Partner at Arieli EL, who emphasizes the growing importance of cybersecurity in light of increasing cyber threats and data breaches globally.
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