June 10, 2019

GigCapital Group (GigCG) Announces Expansion into Israel With New Operations Headed by Technology and Venture Capital Industry Veteran Kobi Rozengarten

PALO ALTO, Calif.–(BUSINESS WIRE)–GigCapital Group (GigCG), a technology, media and telecommunications (TMT) Private-to-Public Equity (PPE)TM company (“Company”) focused investment holding group of affiliated technology industry corporate executives and entrepreneurs, and TMT operational and strategic experts in the private and public markets, today announced the global expansion of its business with the opening of a new office in Israel, representing its first overseas office. Leading these operations will be technology industry and venture capital veteran Mr. Kobi Rozengarten, who becomes Managing Partner of GigCG Israel.

“We are pleased and honored to welcome Kobi to the position of Managing Partner of GigCapital Group (GigCG) Israel who will lead our global expansion in this important region,” said Dr. Avi Katz, Executive Chairman and Chief Executive Officer of GigCapital Group. “Kobi brings to our firm extensive international technology industry experience along with an excellent record of entrepreneurship and execution of multiple and successful M&A transactions. We couldn’t be more fortunate than to partner with Kobi, exhibiting an excellent fit for our unique Mentor Investors™ methodology, which offers exceptionally run and fast-growing private companies looking to accelerate their path to a U.S. listed public company a breadth of resources, including access to GigCapital’s experienced entrepreneurs, that is unparalleled in the Private-to-Public Equity (PPE)™, (also known as a blank check or special-purpose-acquisition company (SPAC)) marketplace. We are honored to have an experienced executive of Kobi’s caliber join our team during our next round of growth, now that we have just completed the initial public offering of our second Private-to-Public Equity (PPE) endeavor, GigCapital2, Inc. (NYSE: GIX.U), adding it to our previous Private-to-Public Equity (PPE) entity, GigCapital, Inc. (NYSE: GIG.U).”

With over 30 years of experience in senior management positions within the technology sector, Mr. Rozengarten is a recognized expert in the semiconductor and Data Storage fields, and he is an active private investor in SaaS software companies. Prior to joining GigCapital Group, Mr. Rozengarten was a Managing Partner at Jerusalem Venture Partners (JVP), where he led or co-led more than 25 transactions, including the sale of Altair Semiconductor to Sony, CyOptics to Avago, XtremIO to EMC and Dune Network to Broadcom. Before joining JVP, Mr. Rozengarten was President of Saifun Semiconductors, a leading provider of IP solutions for the non-volatile memory market. In this capacity, Mr. Rozengarten was responsible for formulating and executing the company’s business strategy and co-led its IPO on the NASDAQ exchange. Mr. Rozengarten also held multiple positions, including Managing Director, vice president of Operations and vice president of Business Development with Kulicke and Soffa Industries, a leading supplier of equipment for the semiconductor industry.

“I am honored and excited to join the GigCapital Group team and lead the expansion of its business into Israel. Having experienced multiple transactions from both the corporate and venture capital side, I am impressed with the Mentor Investors™ platform Avi and his team have created and believe it is an excellent vehicle for fast-growing private companies to quickly and efficiently list on U.S. public exchanges,” said Mr. Rozengarten.

Mr. Rozengarten holds a BS in Industrial Engineering (Information systems) and a MS in Industrial Management from the Technion Israel Institute of Technology and serves as a member of the Technion Board of Governors.

“Private-to-Public Equity (PPE)” and “Mentor-Investor” are trademarks of GigFounders, LLC, a member entity of the GigCapital Group and the founder of GigAcquisitions2, LLC, used pursuant to agreement.