One Software Technologies Ltd (TASE:ONE) agreed to acquire Taldor Computer Systems (1986) Ltd (TASE:TALD) for ILS 250 million on November 10, 2020. Under the terms of the transaction, One Software will acquire all the shares of Taldor for ILS 22.5 per share. As part of the deal, One Software and Taldor will merge.

The deal is subject to the receipt of various approvals, including a general meeting of Taldor's shareholders. Shiri Shaham and Shai Margalit of Yigal Arnon & Co. acted as the legal advisor for One Software Technologies Ltd.