Description: Magic Software Enterprises Ltd. develops, markets, and supports application platforms for software development and deployment, and offers information technology (IT) professional services. The company develops Magic xpa, an application platform for developing and deploying business applications; AppBuilder, an application platform for building, deploying, and maintaining large-scale and custom-built business applications; and Magic xpi, a platform for application integration. It also offers IT professional services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, and supplemental staffing services. In addition, the company provides annual maintenance contracts; technical support; and training services, as well as consulting services in connection with installation assurance, application audits and performance enhancement, application migration, and application prototyping and design. Magic Software Enterprises Ltd. markets, sells, and supports its products through its branches and global marketing department, a channel-network of independent software vendors (ISVs), system integrators, value-added distributors and resellers, and original equipment manufacturers and consulting partners in approximately 50 countries worldwide. It serves finance, insurance, government, health care, logistics, manufacturing media, retail, and telecommunications industries. 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 founded in 1983 and is headquartered in Or Yehuda, Israel. Magic Software Enterprises Ltd. is a subsidiary of Formula Systems (1985) Ltd.
Home Page: www.magicsoftware.com
MGIC Technical Analysis
Terminal Center
Or Yehuda,
6037501
Israel
Phone:
972 3 538 9292
Officers
| Name | Title |
|---|---|
| Mr. Arik Kilman | Chairman of Software Solutions Division |
| Mr. Arik Faingold | Pres of Integration Solutions Division |
| Mr. Yuval Baruch | Chief Exec. Officer of Hermes Logistics Technologies |
| Mr. Yakov Tsaroya | Chief Exec. Officer of Coretech Consulting Group LLC, Fusion Solution LLC & Xsell Resources Inc. |
| Mr. Hanan Shahaf MBA | Chief Exec. Officer of Roshtov Software Industries Ltd |
| Mr. Guy Bernstein | CEO & Director |
| Mr. Asaf Berenstin | Chief Financial Officer |
| Mr. Yuval Lavi | Chief Technology Officer |
| Mr. Amit Birk | VP of Mergers & Acquisitions, Gen. Counsel & Corp. Sec. |
| Ms. Karin Netzer | Chief Marketing Officer |
Exchange: NASDAQ
Country: US
Currency: US Dollar ($)
| GIC Sector: | Information Technology |
|---|---|
| GIC Group: | Software & Services |
| GIC Industry: | Software |
| GIC Sub-Industry: | Application Software |
| Forward PE: | 23.9234 |
|---|---|
| Trailing PE: | 24.6875 |
| Price-to-Book MRQ: | 3.2028 |
| Price-to-Sales TTM: | 1.4231 |
| IPO Date: | 1991-08-28 |
| Fiscal Year End: | December |
| Full Time Employees: | 3677 |