Last updated 2026-07-26
- Acquired by Matrix IT Ltd. for $2.1B, Feb 2026
Total raised
—
Last: Undisclosed Round 2018-05
Stage
Public
Founded
1983
Headcount
3,787
HQ
Or Yehuda, Israel
Sector
Business Software
About
Magic Software Enterprises Ltd. is a global enterprise software company that provides low-code integration and data management platforms. Its solutions simplify the connection between legacy on-premise systems and modern cloud applications, enabling enterprises to achieve end-to-end visibility, faster cloud migration, and managed integration services. The company also offers IT professional services, including infrastructure design, application development, technology consulting, and project management.
Headcount over time
3,787 employees (2026-09) · 1 point
Offices
Or Yehuda, Israel · HQ / main office
Show all offices (8 more)
- Irvine, United States
- Bracknell, United Kingdom
- Boulogne-Billancourt, France
- Veenendaal, Netherlands
- Ismaning, Germany
- Budapest, Hungary
- Pune, India
- Japan
Q&A
- When was Magic Software Enterprises acquired and by whom?
- Magic Software Enterprises was acquired by Matrix IT Ltd. in February 2026 for $2.1 billion.
- What was the amount raised in Magic Software Enterprises' B Round?
- In February 2024, Magic Software Enterprises raised $117,000,000 in a B Round.
- What was the amount of Magic Software Enterprises' A Round?
- In February 2023, Magic Software Enterprises raised $23,000,000 in an A Round.
- When did Magic Software Enterprises complete its Seed round?
- Magic Software Enterprises completed a Seed round of $5,100,000 in March 2022.
- What is the current employee count for Magic Software Enterprises?
- Magic Software Enterprises currently has 201–500 employees.
- When was Magic Software Enterprises founded?
- Magic Software Enterprises was founded in 1983.
Team · 11
Guy Bernstein
CEO
Asaf Berenstin
CFO
Yuval Lavi
CTO
Stephan Romeder
VP Global Business Development
Karin Netzer
CMO
Naamit Salomon Mba
Chairman
Avi Zakay Mba
Board Member
Ron Ettlinger
Board Member
Sagi Schliesser Mba
Board Member
Udi Ertel
President of Software Solutions Division
Arik Faingold
President of Integration Solutions Division
Sectors & technology
Primary sector
Business Software
Sub-sectors
Business SoftwareIT, R&D & Data SolutionsProduct Development ToolsSoftware Development ToolsIndustrial TechnologiesOperational Optimization Solutions
Technologies
Platforms & InterfacesWebSoftware
Target customers
Healthcare & Life SciencesEnterprise & Professional ServicesService ProvidersSMBs & SMEsEnterprisesIndustrial ManufacturingManufacturing FacilitiesCommerce & Retail
Business model
B2BB2G
Highlights
Verified
Tags
software-applicationscloud-baseditmobile-applicationsenterprise-solutionsbpmdefensefinancial-institutionshealthcare-providersbanksmanufacturing-facilitiesreal-timemanufacturingretailersindustry-4-0
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
| Legal name | Magic Software Enterprises Ltd. |
|---|---|
| Founded | 1983 |
| Employees (exact) | 3787 |
| 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 Matrix IT Ltd. 2026-02 $2.1B
Radar intelligence
App Store
| App | Rating | Ratings |
|---|---|---|
| Magic xpa Client |
Web history (Wayback)
| Domain | magicsoftware.com |
|---|
Wikidata
| QID | Q1548363 |
|---|
Certificate / subdomain footprint
| Subdomains | 40 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 520036740 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 1983-02-10 |
| Purpose | לעסוק בסוגי עיסוק שפורטו בתקנון |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2026 |
| Active charges / liens | 0 |
| Registry events | 10 — charge (1), merger (1), other (1), annual_report (6), people (1) |
| Registered address | יהדות קנדה 1 אור יהודה |
Recent registry events
| Date | Event |
|---|---|
| 2025-07-29 | סילוק שעבוד |
| 2026-02-23 | מיזוג מרצון חברה קולטת |
| 2026-03-15 | שינוי סיווג חברה |
| 2026-03-09 | דו~ח שנתי-עדכון מען דיגיטלי |
| 2026-03-09 | דו~ח שנתי-עדכון בעלי מניות |
| 2026-03-09 | דו~ח שנתי-הגדלת הון |
| 2026-03-09 | דו~ח שנתי-הסרת דירקטור |
| 2026-03-09 | דו~ח שנתי-הוספת דירקטור |
| 2026-03-09 | דו~ח שנתי-שינוי בהוראות בתקנון |
| 2026-03-05 | עדכון בעלי תפקידים |