Israel's Matrix moves to O-Tech complex in Kfar Saba

The move to O-Tech will allow Matrix to bring employees to a single complex and unite the company’s divisions under one roof.

 AN ARTIST’S rendering of the new O-Tech complex in Kfar Saba. (photo credit: Moran Biton)
AN ARTIST’S rendering of the new O-Tech complex in Kfar Saba.
(photo credit: Moran Biton)

Matrix, Israel’s largest technology company, is set to move into a brand new 18-story, 30,000-square-meter tower in the prestigious O-Tech hi-tech complex in Kfar Saba.

The scope of the 10-year lease agreement is approximately NIS 200 million.

The move to O-Tech will allow Matrix to bring employees to a single complex and unite the company’s divisions under one roof.

O-Tech complex (credit: Courtesy)O-Tech complex (credit: Courtesy)

An NIS 1 billion project

Matrix CEO Moti Gutman said, “As a company that leads the technological market in Israel, Matrix is happy to renew itself in technological workplaces and to improve the working environment for employees.”

“As a company that leads the technological market in Israel, Matrix is happy to renew itself in technological workplaces and to improve the working environment for employees.”

Moti Gutman

O-Tech is an office complex for hi-tech, bio-tech and international companies covering an area of approximately 100,000 sq.m. plus parking areas.

The value of the project is about NIS 1 billion.