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Magic Software Enterprises

15.38
-0.4250-2.69%
Volume:115.35K
Turnover:1.78M
Market Cap:755.15M
PE:20.51
High:15.73
Open:15.43
Low:14.35
Close:15.81
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Company Profile

Company Name:
Magic Software Enterprises
Exchange:
NASDAQ
Establishment Date:
1983
Employees:
3628
Office Location:
Terminal Center,Yahadut Canada 1 Street,Or Yehuda,Israel
Zip Code:
6037501
Fax:
- -
Introduction:
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. The company's Software Services segment develops, markets, sells, and supports application platform, software applications, and 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. 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. It 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, the company 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.

Directors

Name
Position
Arik Kilman
Chairman, Software Solutions division
Guy Bernstein
Chief Executive Officer and Director
Ron Ettlinger
External Director
Sagi Schliesser
External Director
Avi Zakay
Director
Naamit Salomon
Director

Shareholders

Name
Position
Guy Bernstein
Chief Executive Officer and Director
Hanan Shahaf
Chief Executive Officer of Roshtov Software Industries Ltd
Uzi Yaari
Chief Executive Officer of Complete Business Solutions
Yakov Tsaroya
Chief Executive Officer of Coretech Consulting Services and Fusion Solutions
Yuval Baruch
Chief Executive Officer of Hermes Logistics
Asaf Berenstin
Chief Financial Officer
Amit Birk
Vice President, Mergers and Acquisitions, General Counsel and Corporate Secretary
Arik Faingold
President, Integration Solutions division
Udi Ertel
President, Software Solutions division