Company

Magic Software Enterprises Ltd.

Headquarters: Or Yehuda, Israel

Employees: 2,640

CEO: Mr. Guy Bernstein

TASE: MGIC +2.93%

Market Cap

₪1.74 Billion

ILS as of Jan. 1, 2024

US$482.1 Million

Market Cap History

Magic Software Enterprises Ltd. market capitalization over time

Evolution of Magic Software Enterprises Ltd. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Magic Software Enterprises Ltd.

Detailed 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; Magic xpc, a hybrid integration platform as a service; Magic SmartUX, a mobile development application platform; and FactoryEye for virtualization of production data. It also provides vertical software solutions comprising Clicks, a software solution for healthcare providers; Leap, a software solution for business support systems; Hermes Solution, a packaged software solution for managing air cargo ground handling; HR Pulse, a customized single-tenant software as a service tool; and MBS Solution, a proprietary system for managing TV broadcast management. In addition, the company provides software maintenance, support, training, and consulting services. It serves oil and gas, telecommunications, financial, healthcare, and industrial sectors; and public institutions and international agencies. 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.

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Stocks & Indices

Magic Software Enterprises Ltd. has the following listings and related stock indices.


Stock: TASE: MGIC wb_incandescent

Stock: NASDAQ: MGIC wb_incandescent

Stock: FSX: MGK wb_incandescent

Details

Headquarters:

5 Haplada Street

PO Box 5011

Or Yehuda, 60218 05

Israel

Phone: 972 3 538 9322