Vesttoo Looks to Bankruptcy While Intel Drops $5.4 Billion P

Vesttoo Looks to Bankruptcy While Intel Drops $5.4 Billion Plan to Acquire Tower Semiconductor

Intel has been forced to give up on its planned $5.4 billion acquisition of Israel’s Tower Semiconductor, a leading foundry for analog semiconductor solutions. The reason given was the failure to receive the approval of Chinese regulators for the acquisition. And Vesttoo, an Israeli insurtech startup and a unicorn that has been rocked by recent […]

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