Israeli IT services and consultancy company Matrix has become one of Israel's biggest employers with 12,500 employees, following recent mergers. Matrix has announced three acquisitions, including US company Alacer and Israeli company Ortec Marketing Equipment & Supply. The IT services sector in Israel has been active in terms of mergers and acquisitions, with Matrix being the biggest company in the sector. The revenue of the four leading companies in the industry amounted to about NIS 12 billion in January-September of this year, with Matrix's share being approximately 35%.
image sourced from original article at https://en.globes.co.il/en/article-mergers-make-matrix-one-of-israels-biggest-employers-1001497197Original article source: https://en.globes.co.il/en/article-mergers-make-matrix-one-of-israels-biggest-employers-1001497197
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