Normally we cover both M&A and funding events of the past week in our Monday newsletter. But there is so much news that we are splitting the topic, today we’ll cover the mergers, tomorrow the funding news. Several years ago when I was in Israel I had the opportunity to meet Erel Margalit and was very impressed with the then-legislator. Since then he has returned to private life as a VC. Last week he gave one of the keynotes at the annual Cybertech conference in Tel Aviv where he called for the creation of a cyber-protection alliance modeled after NATO. He rightly claims that inter-country cooperation and collaboration on cyber matters isn’t sufficient and that countries need to be talking more. While many countries have their own computer response teams, we need to establish regional teams too. Borders aren’t relevant anymore when hackers can attack anyone anywhere. The Times of Israel interviewed him after his speech, and he has a lot of interesting things to say.
--David Strom, editor of Inside Security