- Acquired by Formula Group, Jan 1998
- Raised $35M funding round, May 2018
- Raised $31.5M funding round, Nov 2016
About
Magic Software Enterprises provides enterprise-grade application development, business process integration software, smart manufacturing solutions, and a broad range of software for IT services. The company's software solutions are used by thousands of businesses of all sizes to develop, deploy, and integrate on-premises, mobile, and cloud-based applications quickly and cost effectively. Its Industry 4.0 solution combines shop-floor-to-top-floor software technologies with integration, customization, and manufacturing expertise to improve business results. Its IT services include planning, management, and consulting for large-scale infrastructures; application development; and technology implementation projects for telecommunications companies, municipalities, cyber-security organizations, and more. The company's products are scalable and platform agnostic, enabling its customers to build solutions using high-level language rather than computer code and to benefit from platform upgrades and cross-platform functionality without rewriting their applications. Its technology also supports the development of mobile and cloud-based applications.
Funding history · 2 rounds · — total
Q&A
- What is Magic Software Enterprises' primary business?
- Magic Software Enterprises provides enterprise-grade application development, business process integration software, smart manufacturing solutions, and a broad range of software for IT services.
- When was Magic Software Enterprises founded?
- Magic Software Enterprises was founded in January 1983.
- How many employees does Magic Software Enterprises have?
- Magic Software Enterprises has 201-500 employees.
- Who acquired Magic Software Enterprises and when?
- Magic Software Enterprises was acquired by Formula Group in January 1998.
- What is Magic Software Enterprises' current market capitalization?
- Magic Software Enterprises has a market capitalization of $1,295,547,460 USD.
- Where is Magic Software Enterprises headquartered?
- Magic Software Enterprises is headquartered in Or Yehuda, Israel.
- What was Magic Software Enterprises' most recent funding round?
- Magic Software Enterprises raised $35,000,000 in May 2018.
- Who are the co-founders of Magic Software Enterprises?
- The co-founders of Magic Software Enterprises are David Assia and Yaki Dunietz.
Team · 2
Sectors & technology
Highlights
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | magicsoftware.com |
|---|---|
| linkedin.com/company/164813 | |
| X / Twitter | twitter.com/magicsoftware |
| facebook.com/MagicSoftwareEnterprises | |
| YouTube | youtube.com/user/MagicSoftware |
| Wikipedia | en.wikipedia.org/wiki/Magic_Software_Enterprises |
| Wikidata | wikidata.org/wiki/Q1548363 |
Identifiers & details
| Founded | 1983-1 |
|---|---|
| Employees (exact) | 492 |
| Offices | Irvine; Bracknell; Boulogne-Billancourt; Veenendaal; Ismaning; Budapest; Pune; Japan |
| Market cap | $1.3B |
| Status reason | Acquired by Formula Group on Jan 1998 |
| Wikidata QID | Q1548363 |
Acquisitions & public offerings
Acquired by Formula Group 1998-01
Radar intelligence
App Store
| App | Rating | Ratings |
|---|---|---|
| Magic xpa Client |
Web history (Wayback)
| Domain | magicsoftware.com |
|---|
Wikidata
| QID | Q1548363 |
|---|
Certificate / subdomain footprint
| Subdomains | 40 |
|---|