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Magic Software Enterprises Ltd. (MGIC)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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21.00-0.10 (-0.47%)
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Magic Software Enterprises Ltd.

Terminal Center
Yahadut Canada 1 Street
Or Yehuda 60375 01
972 3 538 9292

Full Time Employees3,039

Key Executives

NameTitlePayExercisedYear Born
Mr. Arik KilmanChairman of Software Solutions Division511.33kN/A1953
Mr. Arik FaingoldPres of Integration Solutions Division564.44kN/A1977
Mr. Yuval BaruchChief Exec. Officer of Hermes Logistics Technologies319.47kN/A1967
Mr. Yakov TsaroyaChief Exec. Officer of Coretech Consulting Group LLC, Fusion Solution LLC & Xsell Resources Inc.855kN/A1970
Mr. Hanan Shahaf MBAChief Exec. Officer of Roshtov Software Industries Ltd310.61kN/A1952
Mr. Guy BernsteinCEO & DirectorN/AN/A1968
Mr. Asaf BerenstinChief Financial OfficerN/AN/A1978
Mr. Yuval LaviChief Technology OfficerN/AN/A1969
Mr. Amit BirkVP of Mergers & Acquisitions, Gen. Counsel & Corp. Sec.N/AN/A1971
Ms. Karin NetzerChief Marketing OfficerN/AN/AN/A
Amounts are as of December 31, 2020 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.


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.

Corporate Governance

Magic Software Enterprises Ltd.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.