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Matrix, Magic Software Enterprises and IT services merger

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

Herzliya-based information technology company says the combined firm will employ over 15,000 people and provide IT services to 6,000 businesses around the world The post Israel’s Matrix to snap up Magic Software in $2.

Markets Insider · 3d

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

Globes · 3d

Matrix to buy Magic in major Israeli IT merger

Matrix IT (TASE: MTRX), the largest IT services company on the Tel Aviv Stock Exchange, has signed a memorandum of understanding to buy Magic Software Enterprises (TASE: MGIC; Nasdaq MGIC). According to a notice to the Tel Aviv Stock Exchange,

Seeking Alpha on MSN · 3d

Magic Software and Matrix I.T plan merger

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 expected to be $2.

MarketWatch · 3d

Magic Software Shares Rise on Expected Merger With Matrix

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 and raised its semiannual dividend.

Nasdaq3d

Matrix Service Company to Present at Sidoti March Virtual Investor Conference

The company will present at 10:45 a.m. ET on March 20 Matrix Service Company (Nasdaq: MTRX), through its subsidiaries, is a leading North American industrial engineering, construction, and ...

1don MSN

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

CFO Asaf Berenstin provided details of the merger, stating that Magic shareholders will own 31.125% of the merged entity. The combined market capitalization is estimated at $2.3 billion, with ...

EQS-News: Golden Matrix Group Appoints Richard Christensen as Chief Financial Officer to Support Next Phase of Growth

EQS-News: Golden Matrix Group Inc / Key word (s): Financial Golden Matrix Group Appoints Richard Christensen as Chief Financial Officer to Support Next Phase of Growth 07.03.2025 / 14:36 CET/CEST ...

Nasdaq3d

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

Ordinary shares of Matrix will continue to be traded exclusively on the Tel-Aviv Stock Exchange Ltd. Magic's ordinary shares are expected to be delisted from trading on the TASE and NASDAQ.

Matrix Service Company to Present at Upcoming Sidoti Virtual Investor Conference March 19 – 20

Matrix Service Company (Nasdaq: MTRX) announced today that President and Chief Executive Officer John R. Hewitt, Vice ...

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