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    Magic Software Enterprises Ltd. (MGIC)

    -NasdaqGS
    6.43 Down 0.04(0.62%) Apr 20, 4:00PM EDT
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    Magic Software Enterprises Ltd.
    5 Haplada Street
    Or Yehuda, 60218
    Israel - Map
    Phone: 972 3 538 9389
    Fax: 972 3 538 9333
    Website: http://www.magicsoftware.com

    Details 
    Index Membership:N/A
    Sector:Technology
    Industry:Application Software
    Full Time Employees:N/A

    Business Summary 

    Magic Software Enterprises Ltd. provides proprietary application development and business process integration software solutions, and related professional services. The company develops Magic xpa application platform that provides development and deployment environment, which facilitates organizations and magic software providers (MSPs) to create mobile and desktop business application; AppBuilder application platform, a development environment used for managing, maintaining, and reusing applications required by large businesses; and Magic xpi integration platform, a graphical wizard-based code-free solution, which delivers the integration and orchestration of business processes and applications. It also offers information technology services, including professional services, such as infrastructure design and delivery; application development; technology consulting, planning, and implementation; and support and 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 offices and marketing departments, as well as through a channel-network of MSPs, system integrators, value-added distributors and resellers, and OEM and consulting partners. 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.

    Key Statistics


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    Key Executives 
     PayExercised
    Mr. Udi Ertel , 56
    Pres of Software Solutions Division
    323.00K0.00
    Mr. Arik Kilman , 62
    Pres of AppBuilder Solutions Division
    930.00K0.00
    Mr. Moshe Gez , 54
    Chief Exec. Officer of Complete Bus. Solutions
    285.00K0.00
    Mr. Guy Bernstein , 47
    Chief Exec. Officer and Director
    N/AN/A
    Mr. Asaf Berenstin , 37
    Chief Financial Officer
    N/AN/A
    Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.