Magic Software Enterprises Ltd., a global provider of IT consulting services and end-to-end integration and application development platforms solutions, announced the official completion of its merger with Matrix IT, marking a significant milestone in the evolution of both organizations.
By combining Magic’s deep technological expertise and global integration capabilities with Matrix IT’s scale, broad service portfolio, and strong market presence, the unified organization is uniquely positioned to accelerate innovation, expand its reach, and deliver enhanced value to customers and partners.
Together, the companies bring decades of experience in application development, data integration, cloud services, managed services, and enterprise IT solutions. The merger strengthens the group’s ability to support organizations across industries in leading complex digital transformation initiatives, providing end-to-end solutions from strategy and implementation to ongoing optimization and support.
“This is a defining moment in our journey,” said Lior Blik, CEO of Magic Software and Matrix USA. “By joining forces with Matrix IT, we are building a stronger, more comprehensive technology organization. One that combines innovation, scale, and execution excellence. United as one organization, we are confident in our ability to create new opportunities for our customers, partners, and employees.”
«With the merger now complete, the combined organization enters a new chapter, leveraging its expanded capabilities, broader market presence, and strengthened talent base to drive sustainable growth and long-term value.»
About Magic Software
Magic Software is a global provider of integration, digital transformation, and low-code application development platforms, enabling organizations worldwide to connect systems, streamline processes, and rapidly build and deploy business applications.
About Matrix IT
Matrix (TASE: MTRX) is Israel’s leading IT Services Company. Matrix employs over 15,000 software, hardware, integration, engineering and training personnel across more than 20 offices worldwide, providing a broad range of technology solutions, consulting, and implementation services across multiple industries to hundreds of customers in the Israeli market as well as to customers in the U.S. market. Matrix IT’s shares are traded on the TASE.