Magic will become wholly owned by Matrix in a triangular reverse merger. The combined company is expected to have a market cap of NIS 7.7 billion. Matrix IT (TASE: MTRX), the largest IT services ...

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 ...

--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 ...

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).