Magic Software Enter

MGIC
Real-time BATS EXCHANGE - 10/22 09:38:02 am
9.145USD
+0.99%
Business Summary
Technology
Software & IT Services
 Software & IT Services
  Software
   Software - NEC
Magic Software Enterprises Ltd. is a provider of application development, business process integration platforms, vertical software solutions and related professional services. The Company is a vendor of information technology (IT) outsourcing services. Its software technology is used by customers to develop, deploy and integrate on premise, mobile and cloud-based business. It operates through two segments: software solutions and IT professional services. The software services segment includes software technology and complementary services. The IT professional services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, and communications services and solutions. Its product portfolio includes Magic xpa Application Platform, AppBuilder Application Platform and Magic xpi Integration Platform. Its vertical software packages include Leap, Hermes Solution, HR Pulse and MBS Solution.

Number of employees : 2 226 people.
Sales per Businesses
20172018
USD
(in Million)
%USD
(in Million)
%
IT Professional 181.0470.1% 203.0471.4%
Software 77.1029.9% 81.3328.6%
Sales per Regions
20172018
USD
(in Million)
%USD
(in Million)
%
United States 123.1147.7% 137.0748.2%
Israel 91.9235.6% 103.8536.5%
Europe 26.6410.3% 28.269.9%
Japan 9.253.6% 9.803.4%
Other 7.222.8% 5.411.9%
Managers
Name Title
Guy Bernstein Chief Executive Officer & Director
Naamit Salomon Chairman
Einat Etzioni Silver Vice President-Operations
Asaf Berenstin Chief Financial Officer
Ami Ries Vice President-Research & Development
Yehezkel Zeira Independent Director
Ron Ettlinger Independent External Director
Sagi Schliesser Independent External Director
Amit Birk Secretary, Vice President-M&A, General Counsel
Udi Ertel President-Software Solutions
Shareholders
Name Equities %
Formula Systems (1985) Ltd. 22,080,468 45.2%
Delek Group Ltd. 2,961,656 6.06%
Clal Pension & Provident Funds Ltd. 2,457,645 5.03%
Harel-Pia Mutual Funds Ltd. 1,854,066 3.79%
Yelin Lapidot Mutual Fund Management Ltd. 1,803,607 3.69%
Diker Management LLC 1,129,098 2.31%
Yelin Lapidot Provident Funds Management Ltd. 1,055,000 2.16%
Wellington Management Co. LLP 733,967 1.50%
Allianz Global Investors U.S. LLC 543,359 1.11%
Excellence Investments Ltd. 509,832 1.04%
Company contact information
Magic Software Enterprises Ltd.
5 Haplada Street
Or Yehuda, Tel Aviv 60218

Phone : +972.3.538.9292
Fax : +972.3.538.9333
Web : http://www.magicsoftware.com
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Brand Portfolio
MAGIC SOFTWARE
MAGIC SOFTWARE
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