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CEO Guy Bernstein highlighted the transformative impact of the announced merger with Matrix I.T., noting that this strategic move positions the combined entity as a global IT powerhouse. The merger is ...

The aircraft is meant to develop and mature rotor blown wing design, which can now be applied to larger aircraft for unmanned aerial logistics and even tactical ISR missions. Sikorsky announced it has ...

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 ...

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 ...

Under the proposed deal, Matrix would acquire Magic in a reverse triangular merger, turning Magic into a wholly owned subsidiary. The combined entity’s aggregate market value is expected to be $2.1 ...

(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 ...

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 ...

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. Or Yehuda, Israel, March 10, 2025 (GLOBE NEWSWIRE) -- ...