Israel Aerospace Industries and Formula Systems Acquiring TSG for $50 Million In Defense Technology Deal

Israel Aerospace Industries (IAI) and Formula Systems have entered into a definitive agreement for the purchase of TSG – a subsidiary and the military arm of Ness Technologies, engaged in the fields of command More...

Software Consulting Service Formula Systems Earned $75 Million in 2014

Israel’s Formula Systems, a provider of software consulting services, computer-based business solutions and proprietary software products, reported a net income of $75.1 million for 2014. Net income More...

Israel’s Formula Systems to Pay Out $8 Million in Dividends

Israel’s Formula Systems, a provider of software consulting services, computer-based business solutions and proprietary software products, announced that its Board of Directors has declared a cash dividend More...