About Magic Software Enterprises
Magic Software Enterprises is a company based in Or Yehuda (Israel) founded in 1983. The company has 3,790 employees as of December 31, 2024. Magic Software Enterprises has completed 5 acquisitions, including Appush, Insync Staffing and Magix. Magic Software Enterprises operates in a competitive market with competitors including Odoo, Appian, Bubble, OutSystems and DigitalOcean, among others.
- Headquarter Or Yehuda, Israel
- Employees 3790 as on 31 Dec, 2024
- Stage Public
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Sectors
Technology
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Magic Software Enterprises Ltd.
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Annual Revenue
$551.19 M (USD)3.63as on Dec 31, 2024
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Net Profit
$36.85 M (USD)-0.05as on Dec 31, 2024
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EBITDA
$81.1 M (USD)4.56as on Dec 31, 2024
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Latest Funding Round
$31.5 M (USD), Debt – Conventional
Nov 09, 2016
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Investors
Not available
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Employee Count
3790
as on Dec 31, 2024
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Investments & Acquisitions
Appush
& 4 more
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IPO & Listings of Magic Software Enterprises
Magic Software Enterprises is a publicly listed company on the TASE with ticker symbol MGIC in Israel, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of Magic Software Enterprises
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Funding Insights of Magic Software Enterprises
Investments & Acquisitions by Magic Software Enterprises
Magic Software Enterprises has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Appush, Insync Staffing and Magix.
Investment portfolio details for Magic Software Enterprises
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of games advertisement services
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Locked | Locked | 2016 | Locked | |
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Low-code platform is used to build enterprise mobile apps.
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Locked | Locked | 2012 | Locked | |
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Recruitment services are provided to connect employers with candidates.
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Locked | Locked | 2008 | Locked |
Complete acquisition details for Magic Software Enterprises
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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Verified entity values are shown only after access is granted.
Financial Statements - Magic Software Enterprises
Detailed financials for Magic Software Enterprises
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Magic Software Enterprises Comparisons
Peer comparison for Magic Software Enterprises
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Competitors of Magic Software Enterprises
Magic Software Enterprises operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Odoo, Appian, Bubble, OutSystems and DigitalOcean, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Open-source business management software is developed with integrated modules.
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Cloud-based low-code platform enables application development and automation.
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| Locked | Locked | Locked |
Cloud-based no-code platform for web application development is utilized.
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| Locked | Locked | Locked |
Low-code platform enables application development and deployment without coding.
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| Locked | Locked | Locked |
Cloud based integrated application development platform
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| Locked | Locked | Locked |
Saas based provider of integrated platform as a service solutions
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Detailed competitors of Magic Software Enterprises
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Latest news on Magic Software Enterprises
Complete news archive for Magic Software Enterprises
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Frequently Asked Questions about Magic Software Enterprises
Magic Software Enterprises was founded in 1983 and raised its 1st funding round 27 years after it was founded.
Magic Software Enterprises is headquartered in Or Yehuda, Israel.
As of Dec 31, 2024, the latest employee count at Magic Software Enterprises is 3,790.
Annual revenue of Magic Software Enterprises is $551.19M as on Dec 31, 2024.
Magic Software Enterprises provides mobile and cloud-enabled application and business integration platforms. Product Magic MDM provides enterprise mobility solution which includes Magic xpa Application Platform, acode-free metadata platform for developing and deploying mobile, Web, SOA and desktop applications; Magic xpi Integration Platform, a code-free SOA-based business and process integration suite for integration of applications; and Magic Mobility Professional Services, service for implementation, maintenance and training. MDM solution manages, support, secures and monitors corporate and BYOD devices via a web-based multi-management console for iOS, Android and Windows platforms. First Israeli software company to be listed on NASDAQ.
Magic Software Enterprises's top competitors include DigitalOcean, Appian and Heroku.
Yes, Magic Software Enterprises is publicly traded on TASE under the ticker symbol MGIC.
Magic Software Enterprises has made 5 acquisitions, including Appush, Insync Staffing, and Magix.
The ticker symbol of Magic Software Enterprises is MGIC on TASE.