Magic Software Enterprises Ltd. (TLV:MGIC)
Israel flag Israel · Delayed Price · Currency is ILS · Price in ILA
6,780.00
+160.00 (2.42%)
Jul 2, 2025, 5:24 PM IDT

Magic Software Enterprises 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.

It operates in two segments, Software Services and IT Professional Services. The Software Services segment develops, markets, sells, and supports proprietary and non-proprietary application platforms, software applications, business and process integration solutions, and related services.

Its 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.

The company also offers application development and business process integration platforms, such as Magic xpa for developing and deploying business applications; AppBuilder for building, deploying, and maintaining business applications; Magic xpi for on premises 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.

In addition, it provides vertical software solutions comprising Clicks, a software solution for healthcare providers; Hermes Cargo for managing air cargo ground handling; HR Pulse, a single-tenant software as a service tool; MBS Solution for TV broadcast management; Nativ for the management of rehabilitation centers; and Mobisale for the sales and distribution field activities.

Further, the company offers 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 3,787
CEO Guy Bernstein

Contact Details

Address:
Terminal Center
Or Yehuda, 6037501
Israel
Phone 972 3 538 9243
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
Guy Bernstein CPA 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,
Arik Kilman Chairman of Software Solutions Division
Arik Faingold President of Integration Solutions Division
Asaf Berenstin CPA Chief Financial Officer
Karin Netzer Chief Marketing Officer
Yuval Lavi Vice President Technology and Innovation - Software Solutions division
Eric Choppe Managing Director of Southern Europe