Magic Software Enterprises Ltd. (TLV: MGIC)
Israel flag Israel · Delayed Price · Currency is ILS · Price in ILA
4,341.00
+73.00 (1.71%)
Nov 14, 2024, 5:24 PM IDT

MGIC Company Description

Magic Software Enterprises Ltd. provides proprietary application development, vertical software solutions, business process integration, information technologies (IT) outsourcing software services, and cloud-based services in Israel and internationally.

Its Software Services segment develops, markets, sells, and supports application platform, software applications, and business and process integration solutions and related services.

The company’s IT Professional Services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, and supplemental outsourcing services.

It also offers proprietary application platforms, such as Magic xpa for developing and deploying business applications; AppBuilder for building, deploying, and maintaining business applications; Magic xpi for application integration; Magic xpi cloud native; FactoryEye for virtualization of production data; Magic Data Management and Analytics Platform for data management; and Magic SmartUX for cross-platform mobile business applications.

The company also provides vertical software solutions comprising Clicks, a software solution for healthcare providers; Leap, a software solution for business support systems; Hermes Cargo, a packaged software solution for managing air cargo ground handling; HR Pulse, a single-tenant software as a service tool; MBS Solution, a system for managing TV broadcast management; Nativ, a system for management of rehabilitation centers; and Mobisale, a system for sales and distribution field activities for consumer goods manufacturers and wholesalers.

In addition, It provides software maintenance, support, training, and consulting services. The company was formerly known as Mashov Software Export (1983) Ltd. and changed its name to Magic Software Enterprises Ltd. in 1991.

The company was incorporated in 1983 and is headquartered in Or Yehuda, Israel.

Magic Software Enterprises Ltd.
Magic Software Enterprises logo
Country Israel
Founded 1983
Industry Information Technology Services
Sector Technology
Employees 3,628
CEO Guy Bernstein

Contact Details

Address:
Terminal Center
Or Yehuda, 6037501
Israel
Phone 972 3 538 9292
Website magicsoftware.com

Stock Details

Ticker Symbol MGIC
Exchange Tel Aviv Stock Exchange
Fiscal Year January - December
Reporting Currency USD
ISIN Number IL0010823123
SIC Code 7372

Key Executives

Name Position
Yael Ilan Chief Executive Officer of Complete Business Solutions
Guy Bernstein Chief Executive Officer and Director
Idan Faingold Chief Executive Officer of CommIT Technology Solutions Ltd
Eli Schwartz Chief Executive Officer of Comblack I.T. Ltd.
Yakov Tsaroya Chief Executive Officer of Coretech Consulting Group LLC, Fusion Solution LLC and Xsell Resources Inc.
Arik Kilman Chairman of Software Solutions Division
Arik Faingold President of Integration Solutions Division
Asaf Berenstin Chief Financial Officer
Yuval Lavi Vice President Technology and Innovation
Karin Netzer Chief Marketing Officer