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 ...

Fintel reports that on March 12, 2025, William Blair downgraded their outlook for Magic Software Enterprises (NasdaqGS:MGIC) ...

Magic Software (MGIC) on Monday announced that it signed an memorandum of understanding with respect to a proposed merger with Matrix I.T Ltd.

Magic Software Enterprises Ltd. (MGIC) shares rallied Tuesday after the IT consulting services and application development ...

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 ...

Whether you use an iPhone, Pixel phone, or Galaxy phone, you've got access to an AI object removal tool for your photos. Here ...

Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC) ("the Company"), a global provider of IT consulting services and end-to-end integration and ...

OR YEHUDA, Israel — OR YEHUDA, Israel — Magic Software Enterprises Ltd. (MGIC) on Tuesday reported net income of $10.6 million in its fourth quarter. On a per-share basis, the Or Yehuda, Israel-based ...

Vicon has launched Markerless Motion Capture, a mocap system that doesn’t need markers, which will be available from 19 March ...

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 ...

After the announcement of the expected merger with Magic Software Enterprises, Matrix IT released its 2024 financial statements this morning, which include figures for executive pay. Matrix’s ...

There are reasons to spend more on this Air than the entry-level $349 iPad, even if you're spending $250 more to get it. The ...