According to the Globes website, businessman Ariel Malik accompanied Paradigm Geophysical in a huge deal worth about $ 100 million dollars. “Paradigm Geophysical” is an Israeli company that provides software and services to the oil and gas exploration industry, and it was sold to the American company Fox Paine.
Malik was interviewed by “Globes” and said: “The foreign investors I work with are always interested in companies like Paradigm Geophysical. These are well-managed companies that provide unique technology and have a global marketing system” says Malik. “Actually, it’s clear that the entry into Israel of an investment fund with the size of Fox Paine is a vote of confidence in the Israeli economy and its strength. We founded Reliance Capital in order to make deals like the one with Paradigm Geophysical, and we now sense greater interest on the part of the foreign investors”.