Browsing Tag
Formula Systems
2 posts
Formula Systems operating income rises 41% as AI, cyber and defense technology demand expands
Formula Systems Q2 revenue jumped 30% to a record $782M as operating profit rose 41% and the company declared a $25M dividend.
Inside Advent’s $2.5bn bet on Sapiens and the next wave of AI-powered insurance tech
Sapiens to be acquired by Advent for $2.5B at a 64% premium. Discover how going private could accelerate its AI-driven insurance software strategy.