Nasdaq

Magic Software and Matrix I.T sign MOU to Consider Merger

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OF AMERICA OR IN ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO. The combined entity is expected to operate in ...
Hosted on MSN

Israel’s Matrix to snap up Magic Software in $2.1 billion IT services merger deal

Israeli information technology provider Matrix IT Ltd. has inked an initial agreement to buy rival Magic Software Enterprises Ltd. in a mega merger deal worth NIS 7.7 billion ($2.1 billion). The ...
Nasdaq

Magic Software Enterprises, Matrix I.T Sign MoU To Merge

(RTTNews) - Magic Software Enterprises Ltd. (MGIC), a global provider of IT consulting services and end-to-end integration and application development platforms solutions, announced that it signed an ...
Hosted on MSN

Magic Software outlines 2025 revenue growth target of $593M-$603M amid Matrix merger transition

Earnings Call Insights: Magic Software Enterprises Ltd. (MGIC) Q4 2024 CEO Guy Bernstein highlighted the transformative impact of the announced merger with Matrix I.T., noting that this strategic move ...
Seeking Alpha

Magic Software and Matrix I.T sign MOU to Consider Merger

--Magic Software Enterprises Ltd., a global provider of IT consulting services and end-to-end integration and application development platforms solutions, announced today that it signed an Memorandum ...