Magic Software Enterprises (NASDAQ:MGIC) signed an MOU with respect to a proposed merger with Matrix I.T Ltd., public Israeli IT services company. The combined entity’s aggregate market value is ...

Shares of Magic Software climbed after the IT-consulting services company said it agreed to negotiate a merger deal with IT-services firm Matrix. Magic also reported higher fourth-quarter earnings ...

Magic is pleased to announce that on March 10, 2025, it entered into an MOU with Matrix I.T Ltd., a leading public Israeli IT services company whose shares are traded on the Tel Aviv Stock ...

I sraeli 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).

Magic is pleased to announce that on March 10, 2025, it entered into an MOU with Matrix I.T Ltd., a leading public Israeli IT services company whose shares are traded on the Tel Aviv Stock ...

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FPT Software, a subsidiary of FPT Corporation, is a global technology and IT services provider headquartered in Vietnam, with $803 million in revenue (2022) and over 27,000 employees in 28 countries.

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Magic's shareholders will receive merger consideration in Matrix shares, based on the relative valuations of both Companies presented by the Committees' financial advisors (which were adopted by the ...

Magic's shareholders will hold 31.125% of the issued and outstanding share capital of Matrix, and the shareholders who held Matrix's shares prior to the Merger will hold 68.875%, both on a fully ...

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).