Magic Software Enterprises Ltd.

Magic Software Enterprises Ltd.

Magic Software Enterprises Ltd.

Overview
Date Founded

1983

Headquarters

Yahadut Canada 1 Street,Or Yehuda, Tel Aviv 6037501

Type of Company

Public

Employees (Worldwide)

3,039

Industries

Computer Software
Management Consulting
IT Consulting & Services

Company Description

Magic Software Enterprises Ltd. engages in the provision of proprietary application development and business process integration platforms, vertical software solutions, and vendor of information technology (IT) outsourcing software services. It operates through Software Services and IT Professional Services segments. The Software Services segment includes proprietary and non-proprietary software technology and complementary services. The IT Professional Services segment offers services in the areas of infrastructure design and delivery; application development; technology planning and implementation services; communications services and solutions; and supplemental staffing services. The company was founded by David Assia in February 1983 and is headquartered in Or Yehuda, Israel.

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Executives & Employees

Chief Executive Officer

Chief Financial Officer

Chief Marketing Officer

Chief Technology Officer

Chief Executive Officer of Subsidiaries

Chief Executive Officer of Subsidiaries

Chairman, Software Solutions Division

Vice President-Research & Development

Vice President, International Sales

Vice President of Global Business Development

Board of Directors

Chief Executive Officer at Formula Systems (1985) Ltd.

Independent Director at Magic Software Enterprises Ltd.

Chief Executive Officer at Nippon Europe Israel Ltd.

Chief Executive Officer & Founder at Crazy Labs Ltd.

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Magic Software Enterprises Ltd.
Owners & Shareholders
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HPF is a conservative investment manager focused on meeting members' withdrawals over time. They invest in debt and equity, with a preference for debt securities. A major portion of their 'equity-oriented' portfolios remains invested in bonds. Some of the funds managed by HPF offer highly prudent tracks invested in short-term bank deposits, short-term government loans and shekel-denominated bonds as well as in bonds and commercial papers which are not index linked, excluding equity. Provident funds are generally not entitled to invest in earmarked bonds.

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Harel Mutual Funds is an active, research-oriented manager which performs continuous research on the macro and micro economic developments and trends in global capital markets. The economists and analysts in the research department examine market data and provide fund managers with forecasts and surveys for various investment periods. The firm offers an extensive range of mutual funds including Shekel funds that principally invest in short-term shekel instruments, funds that principally invest in inflation linked or non-linked shekel securities including government and corporate bonds, funds that invest principally in overseas securities and foreign currencies and funds that invest principally in shares traded on the Tel Aviv Stock Exchange and world stock markets. Some of their funds focus their investments in specific sectors such as hi-tech and real estate.

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Yelin Lapidot is an active manager which performs fundamental analysis to research macroeconomic and capital markets, focusing on specific companies and industries. The firm conducts in-house analysis and valuation of each company prior to any possible investment in shares or debentures, emphasizing regular meetings with corporate management.

Recent Transactions
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Magic Software Enterprises Ltd. purchases Roshtov Software Industries Ltd.

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Magic Software Enterprises Ltd. purchases NetEffects, Inc.

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Magic Software Enterprises Ltd. purchases PowWow, Inc. from IT-Farm Corp., VKRM Ventures, Vertical Venture Partners LLC

Transaction Advisors
Accountant

Advised onFormula Systems (1985) Ltd., Magic Software Enterprises Ltd. purchase Advanced Answers on Demand, Inc.

Escrow Agent

Advised onMagic Software Enterprises Ltd. issued USD Ordinary Shares

Underwriter

Advised onMagic Software Enterprises Ltd. issued USD Ordinary Shares

Counsel

Advised onMagic Software Enterprises Ltd. issued USD Ordinary Shares

Chief Executive Officer

Advised onMagic Software Enterprises Ltd. issued USD Ordinary Shares

Managing Director

Advised onMagic Software Enterprises Ltd. issued USD Ordinary Shares

Advisors & Consultants
Publicist
Publicist
Clients

Oracle Corporation is an American multinational computer technology corporation headquartered in Redwood Shores, California. The company specializes primarily in developing and marketing database software and technology, cloud engineered systems, and enterprise software products — particularly its own brands of database management systems. In 2018, Oracle was the third-largest software maker by revenue, after Microsoft and Alphabet. The company also develops and builds tools for database development and systems of middle-tier software, enterprise resource planning (ERP) software, customer relationship management (CRM) software, and supply chain management (SCM) software.

Salesforce.com, Inc. provides enterprise cloud computing applications. It provides a comprehensive customer and collaboration relationship management service to businesses of all sizes and industries and also provides a technology platform for customers and developers to build and run applications. The company has designed and developed its applications to be easy-to-use and intuitive solutions that can be deployed rapidly, customized easily and integrated with other software applications. Salesforce.com offers its services on a subscription basis, primarily through its direct sales efforts and indirectly through partners. The company operates in one segment. It was founded by Marc Benioff, Parker Harris, Dave Moellenhoff, and Frank Dominguez in February 1999 and is headquartered in San Francisco, CA.

Thermo Fisher Scientific, Inc. engages in the provision of analytical instruments, equipment, reagents and consumables, software and services for research, analysis, discovery, and diagnostics. It operates through the following segments: Life Sciences Solutions, Analytical Instruments, Specialty Diagnostics, and Laboratory Products and Services. The Life Sciences Solutions segment comprises of portfolio of reagents, instruments, and consumables used in biological and medical research, discovery and production of new drugs, and vaccines, as well as diagnosis of disease. The Analytical Instruments segment offers instruments, consumables, software, and services that are used for a range of applications in the laboratory on the production line and in the field. The Specialty Diagnostics segment gives diagnostic test kits, reagents, culture media, instruments, and associated products used to increase the speed and accuracy of diagnoses. The Laboratory Products and Services segment involves in providing everything needed for the laboratory, including a combination of self-manufactured and sourced products for customers in research, academic, government, industrial, and healthcare settings. The company was founded on October 11, 1960 and is headquartered in Waltham, MA.

Key Stats and Financials As of 2020
Market Capitalization
$877M
Total Enterprise Value
$761M
Earnings Per Share
$0.49
Revenue
$371M
Net Profit
$23.9M
Total Debt
$49.4M
EBITDAMargin
14.98%
EBITDA
$55.6M
Total Equity
$294M
Debt TEV
0.06x
Enterprise Value / Sales
2.05x
Three Year Compounded Annual Growth Rate Of Revenue
11.22%
TEVNet Income
31.88x
Enterprise Value EBITDAOperating
13.24x
Investments
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Magix Integration specializes in Software Integration and Application Development. Magix Integration is able to provide solutions to complex and large-scale software requirements through a combination of software tools and disciplines. Magix Integration strives to listen to client needs, provide value at every step of the engagement process, and solve problems with innovation and simplicity.At Magix, the greatest benefit they offer is not the years of experience they have in applying technical expertise to business problems.Nor the range of exceptional products they have settled on after hundreds of hours of field-testing. It isn't the intellectual capital they possess in complex areas of technology like IT Systems Integration, Bespoke Software Development and IT Security Risk Management. Or even their commitment to excellence that enables them to deliver projects that meet, and exceed, expectations.No. It's their ability to back up all these strengths with a keen insight into how customer's business works and what can make it work better. The result is solutions that are as unique as customer's company is in its market. That's why, at the heart of every Magix project, customer's will find the company it was built for.Their systems are better because they understand business better.

Investors
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Chairman at Signet Solar GmbH

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Co-Founder at Glassbeam, Inc.

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AWS at Amazon Web Services, Inc.

Suppliers
Microsoft Corporation Computer Software | Fort Collins, CO

Microsoft Corp. engages in the development and support of software, services, devices, and solutions. It operates through the following business segments: Productivity and Business Processes; Intelligent Cloud; and More Personal Computing. The Productivity and Business Processes segment comprises products and services in the portfolio of productivity, communication, and information services of the company spanning a variety of devices and platform. The Intelligent Cloud segment refers to the public, private, and hybrid serve products and cloud services of the company which can power modern business. The More Personal Computing segment encompasses products and services geared towards the interests of end users, developers, and IT professionals across all devices. The firm also offers operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; video games; personal computers, tablets; gaming and entertainment consoles; other intelligent devices; and related accessories. The company was founded by Paul Gardner Allen and William Henry Gates III in 1975 and is headquartered in Redmond, WA.

Oracle Corp. Internet Software & Services | Austin, Texas

Oracle Corporation is an American multinational computer technology corporation headquartered in Redwood Shores, California. The company specializes primarily in developing and marketing database software and technology, cloud engineered systems, and enterprise software products — particularly its own brands of database management systems. In 2018, Oracle was the third-largest software maker by revenue, after Microsoft and Alphabet. The company also develops and builds tools for database development and systems of middle-tier software, enterprise resource planning (ERP) software, customer relationship management (CRM) software, and supply chain management (SCM) software.

International Business Machines Corporation Appliances & Electronics | Armonk, NY

International Business Machines Corporation (IBM) is an American multinational technology company headquartered in Armonk, New York, with operations in over 170 countries. The company began in 1911, founded in Endicott, New York, as the Computing-Tabulating-Recording Company (CTR) and was renamed "International Business Machines" in 1924. IBM is incorporated in New York. IBM produces and sells computer hardware, middleware and software, and provides hosting and consulting services in areas ranging from mainframe computers to nanotechnology. IBM is also a major research organization, holding the record for most annual U.S. patents generated by a business (as of 2020) for 28 consecutive years. Inventions by IBM include the automated teller machine (ATM), the floppy disk, the hard disk drive, the magnetic stripe card, the relational database, the SQL programming language, the UPC barcode, and dynamic random-access memory (DRAM). The IBM mainframe, exemplified by the System/360, was the dominant computing platform during the 1960s and 1970s. IBM has continually shifted business operations aimed at focusing on higher-value, more profitable markets. This includes spinning off printer manufacturer Lexmark in 1991 and the sale of personal computer (ThinkPad/ThinkCentre) and x86-based server businesses to Lenovo (in 2005 and 2014, respectively), and acquiring companies such as PwC Consulting (2002), SPSS (2009), The Weather Company (2016), and Red Hat (2019). In 2015, IBM announced that it would go "fabless", continuing to design semiconductors, but offloading manufacturing to GlobalFoundries, and in 2020, the company announced the spin-off of the Managed Infrastructure Services unit of its Global Technology Services division, with expected completion by the end of 2021. Nicknamed Big Blue, IBM is one of 30 companies included in the Dow Jones Industrial Average and one of the world's largest employers, with over 345,000 employees as of 2020. At least 70% of IBM employees are based outside the United States, and the country with the largest number of IBM employees is India. IBM employees have been awarded five Nobel Prizes, six Turing Awards, ten National Medals of Technology (USA) and five National Medals of Science (USA).

Competitors
Salesforce.com, Inc. Computer Software - San Francisco, CA

Salesforce.com, Inc. provides enterprise cloud computing applications. It provides a comprehensive customer and collaboration relationship management service to businesses of all sizes and industries and also provides a technology platform for customers and developers to build and run applications. The company has designed and developed its applications to be easy-to-use and intuitive solutions that can be deployed rapidly, customized easily and integrated with other software applications. Salesforce.com offers its services on a subscription basis, primarily through its direct sales efforts and indirectly through partners. The company operates in one segment. It was founded by Marc Benioff, Parker Harris, Dave Moellenhoff, and Frank Dominguez in February 1999 and is headquartered in San Francisco, CA.

Dell Technologies, Inc. Computer Hardware - Round Rock, Texas

Dell Technologies, Inc. is a holding company, which engages in the provision of information technology hardware, software, and service solutions through its subsidiaries. It operates through the following segments: Infrastructure Solutions Group (ISG), Client Solutions Group (CSG), and VMware. The ISG segment includes servers, networking, and storage, as well as services and third-party software and peripherals that are closely tied to the sale of ISG hardware. The CSG segment consists of sales to commercial and consumer customers of desktops, thin client products, and notebooks. The VMware segment provides compute, cloud management, networking and security, storage and availability, and other end-user computing offerings. The company was founded by Michael Saul Dell in 1984 and is headquartered in Round Rock, TX.

Microsoft Corporation Computer Software - Fort Collins, CO

Microsoft Corp. engages in the development and support of software, services, devices, and solutions. It operates through the following business segments: Productivity and Business Processes; Intelligent Cloud; and More Personal Computing. The Productivity and Business Processes segment comprises products and services in the portfolio of productivity, communication, and information services of the company spanning a variety of devices and platform. The Intelligent Cloud segment refers to the public, private, and hybrid serve products and cloud services of the company which can power modern business. The More Personal Computing segment encompasses products and services geared towards the interests of end users, developers, and IT professionals across all devices. The firm also offers operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; video games; personal computers, tablets; gaming and entertainment consoles; other intelligent devices; and related accessories. The company was founded by Paul Gardner Allen and William Henry Gates III in 1975 and is headquartered in Redmond, WA.

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