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Magic Software Enterprises Ltd. (MGIC)


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Magic Software Enterprises Ltd.

5 Haplada Street
Or Yehuda 6021805
Israel
972 3 538 9292
http://www.magicsoftware.com

SectorTechnology
IndustryApplication Software
Full Time Employees1,699

Key Executives

NameTitlePayExercisedAge
Mr. Udi ErtelPres of Software Solutions DivisionN/AN/A58
Mr. Arik KilmanPres of Appbuilder Software Solutions DivisionN/AN/A64
Mr. Arik FaingoldPres of Integration Solutions Division385.63kN/A40
Mr. Yuval BaruchChief Exec. Officer of Hermes Logistics Technologies288.69kN/A50
Mr. Yakov TsaroyaChief Exec. Officer of Coretech Consulting Services and Fusion SolutionsN/AN/A47
Amounts are as of December 31, 2016 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.

Description

Magic Software Enterprises Ltd. provides proprietary application development, business process integration, and vertical software solutions and related professional services in Israel and internationally. The company’s Software Solutions segment develops, markets, sells, and supports a proprietary and none proprietary 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, and communications services and solutions, as well as supplemental outsourcing services. The company offers Magic xpa, a proprietary application platform for developing and deploying business applications; AppBuilder application platform for building, deploying, and maintaining mainframe-grade business applications; and Magic xpi integration platform, a graphical wizard-based code-free solution. It also provides vertical software solutions comprising Clicks, a software solution for healthcare providers; Leap, a software solution for business support systems; Hermes Solution for both hubs and traditional air cargo ground handling operations; HR Pulse, a customized single-tenant software as a service tool that helps organizations to create new human capital management solutions; and MBS Solution, a proprietary system for managing TV broadcast channels. In addition, it provides software maintenance, support, training, and consulting services. It serves oil and gas, telecommunications, financial, healthcare, industrial sectors, as well as 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 founded 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.