Globes news reported that Paradigm Geophysical, an Israeli company that provides services and software to the oil industry , has been sold to the well-known American investment company “Fox Paine”.

Ariel Malik was interviewed for Globes article and said: “The initial connection between Fox Paine and Paradigm Geophysical was formed several months ago, right after the establishment of Reliance Capital, the company that I own. Foreign companies such as Fox Paine have expressed great interest in investing in Israeli companies.”

Reliance Capital deals with mergers and acquisitions and investments in public companies. It represents European and American investment companies and venture capital funds in Israel.

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