TSG IT Advanced Systems

Advanced Software and Technology Solutions

Aerospace, Defense & HLS
Acquired by Formula Systems on Jan 2016
Public Or Yehuda Founded 1999
Total raised
$16.8M
Stage
Public
Founded
1999
Headcount
408
HQ
Or Yehuda
Sector
Aerospace, Defense & HLS

About

TSG IT Advanced Systems is a company specializing in the development and integration of advanced defense, intelligence, and homeland security solutions. They offer a wide range of products including command and control (C4I) systems, cyber defense tools, and data analytics platforms. TSG's solutions are designed to enhance situational awareness, decision-making, and operational efficiency for defense and security organizations worldwide. Their systems are known for being adaptable and scalable to meet the needs of military, government, and commercial clients.

TSG is a private company, jointly held by IAI (Israel Aerospace Industries) 50% & Formula Systems 50%.

Company Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

When was TSG IT Advanced Systems acquired by Formula Systems?
TSG IT Advanced Systems was acquired by Formula Systems in January 2016.
What was the acquisition amount for TSG IT Advanced Systems in January 2016?
The acquisition amount for TSG IT Advanced Systems in January 2016 was $25,760,000.
When did TSG IT Advanced Systems complete its IPO and on what exchange?
TSG IT Advanced Systems completed its IPO in July 2024 on the TASE exchange, with a valuation of $125 million.
What was the amount raised by TSG IT Advanced Systems in its TASE IPO in July 2024?
TSG IT Advanced Systems raised NIS 62 million in its TASE IPO in July 2024.
Which company did TSG IT Advanced Systems acquire in December 2024?
TSG IT Advanced Systems acquired Puzzle in December 2024 for 29 million Israeli Shekels.
What significant agreement did TSG IT Advanced Systems sign in March 2025?
In March 2025, TSG IT Advanced Systems signed a cooperation agreement with a US defense company to integrate its advanced technologies into sensor-based defense systems for US defense units.
What major integration project was announced for TSG IT Advanced Systems in June 2025?
In June 2025, it was announced that the US Army would integrate TSG IT Advanced Systems' software system.
What new market did TSG IT Advanced Systems expand into in March 2026?
In March 2026, TSG IT Advanced Systems expanded into anti-drone systems through acquisitions.
What is the employee count for TSG IT Advanced Systems?
TSG IT Advanced Systems has 408 employees.

Sectors & technology

Primary sector
Aerospace, Defense & HLS
Sub-sectors
Aerospace, Defense & HLSDefense & HLS SolutionsC4I
Technologies
Artificial IntelligenceMachine LearningSensing
Target customers
Defense, Safety & SecurityNational SecurityMilitarySecurityHomeland SecurityLaw EnforcementPublic Security
Business model
B2BB2G

Tags

cyber-intelligencedata-analyticscontrol-systemscommunicationsfirst-respondershomeland-securitytelecommunicationmapping