Magic Software Enterprises Ltd. (MGIC.TA)
Magic Software Enterprises Ltd. operates in the Information Technology Services industry of the Technology sector, headquartered in Or Yehuda, IL. The stock last traded at $5596.00, up 0.00% on the session, giving a market capitalisation of $2.75B. Its beta of 0.75 implies it has historically moved less than the broad market.
Magic Software Enterprises Ltd., an Or Yehuda, Israel-based technology firm, delivers a diverse portfolio of software solutions and IT outsourcing services to clients both domestically and globally. The company's offerings span proprietary application development, sophisticated business process integration, and specialized vertical software solutions. Its operations are structured into two primary segments: Software Services and IT Professional Services. The Software Services division is responsible for the development, marketing, sales, and support of its application platforms, various software applications, and business integration tools. Concurrently, the IT Professional Services segment furnishes expert IT support, including infrastructure design and deployment, custom application development, technology planning and implementation, communications solutions, and supplementary IT outsourcing. Magic Software boasts a suite of proprietary application platforms, such as Magic xpa for building and deploying business applications, AppBuilder for high-performance and mainframe-grade applications, and Magic xpi for seamless application integration. Other platforms include FactoryEye for virtualizing production data, BusinessEye for organizational business intelligence, and Magic SmartUX for cross-platform mobile business applications. Beyond these platforms, the company provides tailored vertical software solutions like Clicks for healthcare providers, Leap for business support systems, Hermes Cargo for air freight ground handling management, and HR Pulse, a single-tenant software-as-a-service HR tool. Additional specialized solutions encompass MBS Solution for TV broadcast management, Nativ for rehabilitation center administration, and Mobisale for managing field sales and distribution activities for consumer goods manufacturers. Furthermore, Magic Software offers essential post-implementation services, including software maintenance, technical support, training, and strategic consulting. Established in 1983 as Mashov Software Export (1983) Ltd., the company adopted its current name, Magic Software Enterprises Ltd., in 1991.
Magic Software Enterprises Ltd. is most often compared with the following Technology names: