Magic Software Enterprises Ltd.

Magic Software Enterprises Ltd.

Magic Software Enterprises Ltd.

Overview
Date Founded

1983

Headquarters

5 Haplada Street,Or Yehuda, Tel Aviv 60218

Type of Company

Public

Employees (Worldwide)

2,226

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

Chairman & Chief Executive Officer

Chief Financial Officer & Director

General Counsel & Corporate Secretary

Chief Marketing Officer

Chief Executive Officer of Roshtov Software Industries Ltd

Chief Executive Officer of Subsidiaries

Chief Executive Officer of Subsidiaries

Chairman, Software Solutions Division

President, Software Solutions Division

Vice President, Technology & Innovation

Board of Directors

Chief Executive Officer at Formula Systems (1985) Ltd.

Chief Financial Officer & Director at Magic Software Enterprises Ltd.

Chief Executive Officer at Nippon Lights Ltd.

Co-Founder & Chief Executive Officer at TabTale Ltd.

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Owners & Shareholders
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Clal Gemel is an active, conservative manager which targets above-average yields for their members. They are long-term investment managers and strive to decrease the risk levels in their pension fund by constructing a diversified portfolio across asset classes, sectors and geographies.

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Harel-PIA 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 Harel-PIA's funds focus their investments in specific sectors such as hi-tech and real estate.

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Yelin Lapidot MFML 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 NetEffects, Inc.

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

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M-FiTEC International Ltd. purchases Magix Integration (Pty) Ltd. from Magic Software Enterprises Ltd.

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

Associate

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

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.

Liberty Global Plc is an international television and broadband company, which engages in the provision of broadband communications services. It operates through the following geographical segments: U.K. and Ireland; Belgium; Switzerland; Central and Eastern Europe; and Central and Corporate. Its products include broadband, WiFi, connectivity products, TV platforms, and TV content. The company was founded in 2004 and is headquartered in London, the United Kingdom.

United Parcel Service, Inc. operates as a logistics and package delivery company providing supply chain management services. Its logistics services include transportation, distribution, contract logistics, ground freight, ocean freight, air freight, customs brokerage, insurance, and financing. The company operates through the following segments: U.S. Domestic Package, International Package, and Supply Chain and Freight. The U.S. Domestic Package segment offers a full spectrum of U.S. domestic guaranteed ground and air package transportation services. The International Package segment includes small package operations in Europe, Asia-Pacific, Canada and Latin America, Indian sub-continent, and the Middle East and Africa. The Supply Chain and Freight segment offers transportation, distribution, and international trade and brokerage services. The company was founded by James E. Casey and Claude Ryan on August 28, 1907 and is headquartered in Atlanta, GA.

Key Stats and Financials As of 2019
Market Capitalization
$424M
Total Enterprise Value
$460M
Earnings Per Share
$0.41
Revenue
$326M
Net Profit
$20.3M
EBITDA
$47.7M
EBITDAMargin
14.64%
Total Debt
$37.6M
Total Equity
$287M
Enterprise Value Sales
1.41x
Enterprise Value EBITDAOperating
9.33x
TEVNet Income
22.7x
Debt TEV
0.08x
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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Co-Founder at Glassbeam, Inc.

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Chairman at Phong Phu Sac Viet JSC

Suppliers
Microsoft Corporation Computer Hardware | Redmond, WA

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 | Redwood Shores, CA

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.

The International Business Machines Corporation (IBM) is an American multinational technology and consulting corporation, with headquarters in Armonk, New York, United States. IBM manufactures and markets computer hardware and software, and offers infrastructure, hosting and consulting services in areas ranging from mainframe computers to nanotechnology.

Competitors
Oracle Corp. Computer Software - Redwood Shores, CA

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. 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.

Adobe, Inc. Computer Software - San Jose, CA

Adobe, Inc. engages in the provision of digital marketing and media solutions. It operates through the following segments: Digital Media, Digital Experience, and Publishing. The Digital Media segment offers creative cloud services, which allow members to download and install the latest versions of products, such as Adobe Photoshop, Adobe Illustrator, Adobe Premiere Pro, Adobe Photoshop Light room and Adobe InDesign, as well as utilize other tools, such as Adobe Acrobat. The Digital Experience segment provides solutions, including analytics, social marketing, targeting, media optimization, digital experience management, and cross-channel campaign management, as well as premium video delivery and monetization. The Publishing segment includes legacy products and services for eLearning solutions, technical document publishing, web application development, and high-end printing. The company was founded by Charles M. Geschke and John E. Warnock in December 1982 and is headquartered in San Jose, CA.

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