Magic Software Enterprise... (MGIC)
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12.26
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After-hours Dec 13, 2024, 04:00 PM EST

Company Description

Magic Software Enterprises Ltd. provides proprietary application development, business process integration, vertical software solutions, and information technologies (IT) outsourcing software 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.

The company offers proprietary application platforms, such as Magic xpa for developing and deploying business applications; AppBuilder for building, deploying, and maintaining high-end and mainframe-grade business applications; Magic xpi for application integration; FactoryEye for virtualization of production data; BusinessEye for organizational business intelligence; 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.

Magic Software Enterprises Ltd. was incorporated in 1983 and is headquartered in Or Yehuda, Israel.

Magic Software Enterprises Ltd.
Magic Software Enterprises Ltd. logo
Country IL
IPO Date Aug 30, 1991
Industry Information Technology Services
Sector Technology
Employees 3,628
CEO Yakov Tsaroya

Contact Details

Address:
Terminal Center
Or Yehuda,
IL
Website https://www.magicsoftware.com

Stock Details

Ticker Symbol MGIC
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency USD
CIK Code 0000876779
CUSIP Number 559166103
ISIN Number IL0010823123
Employer ID 33-0477418
SIC Code 7372

Key Executives

Name Position
Eli Schwartz Chief Executive Officer of Comblack I.T. Ltd.
Idan Faingold Chief Executive Officer of CommIT Technology Solutions Ltd
Yael Ilan Chief Executive Officer of Complete Business Solutions
Yakov Tsaroya Chief Executive Officer of Coretech Consulting Group LLC, Fusion Solution LLC & Xsell Resources Inc.
Yuval Baruch Chief Executive Officer of Hermes Logistics Technologies
Karin Netzer Chief Marketing Officer
Arik Faingold President of Integration Solutions Division
Arik Kilman Chairman of Software Solutions Division
Eric Choppe Managing Director of Southern Europe
Yuval Lavi Vice President Technology & Innovation

Latest SEC Filings

Date Type Title
Nov 18, 2024 6-K Filing
Nov 04, 2024 6-K Filing
Oct 15, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial own...
Aug 14, 2024 6-K Filing
Jul 31, 2024 6-K Filing
Jul 22, 2024 6-K Filing
Jul 03, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial own...
Jun 24, 2024 6-K Filing
May 16, 2024 6-K/A [Amend] Filing
May 16, 2024 6-K Filing