EX-8.1 2 f20f2018ex8-1_formula.htm LIST OF SUBSIDIARIES

Exhibit 8.1

 

List of Subsidiaries

 

Name of Subsidiary   Jurisdiction of Incorporation
InSync Staffing Services, Inc.   Delaware
     
Matrix IT Ltd.   Israel
     
Magic Software Enterprises Ltd.   Israel
     
Michpal Micro Computers (1983) Ltd.   Israel
     
Sapiens International Corporation N.V.   Cayman Islands
     
TSG Advanced IT Systems, Ltd   Israel