About Magic Systech
Magic Systech is a company based in Taipei (Taiwan) founded in 2004 was acquired by Science Group in November 2021.. Magic Systech offers products and services including AURIA Connected Audio Module, Magic X Connected Audio Module, Venice X Connected Audio Module, Kino DAB/FM Chip, and Siena DAB/FM Module. Magic Systech operates in a competitive market with competitors including Sky, Orange Polska, Rogers, ViaSat and EarthLink, among others.
- Headquarter Taipei, Taiwan
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Sectors
Telecommunications
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Phone
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Website
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Social
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- Legal Name Frontier Smart Technologies Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Science Group
(Nov 26, 2021)
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Products & Services of Magic Systech
Magic Systech offers a comprehensive portfolio of products and services, including AURIA Connected Audio Module, Magic X Connected Audio Module, Venice X Connected Audio Module, Kino DAB/FM Chip, and Siena DAB/FM Module. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Module for enabling connected features in audio devices.
Advanced module for smart audio applications and connectivity.
Module providing enhanced audio processing for devices.
Chip for digital radio and FM broadcasting functions.
Module supporting DAB and FM radio technologies.
App for setup and control of connected audio systems.
Funding Insights of Magic Systech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Magic Systech
Magic Systech has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Science Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Technology-based consultancy and product development services are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Magic Systech
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Magic Systech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Magic Systech Comparisons
Competitors of Magic Systech
Magic Systech 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 Sky, Orange Polska, Rogers, ViaSat and EarthLink, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Sky is recognized as a provider of TV, broadband, and mobile services.
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Telephony, internet, and data transmission services are provided in Poland.
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| domain | founded_year | HQ Location |
Wireless, TV, internet, and media services are provided across Canada.
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| domain | founded_year | HQ Location |
Satellite-based communication services are provided to diverse business sectors.
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Internet service provider
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| domain | founded_year | HQ Location |
Provider of cable television, internet, and telephone services
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Magic Systech
When was Magic Systech founded?
Magic Systech was founded in 2004.
Where is Magic Systech located?
Magic Systech is headquartered in Taipei, Taiwan.
What does Magic Systech do?
Magic Systech was established in 2004 in Taipei, Taiwan, within the telecommunications sector. Internet services are delivered through the domain magic-systech.com, encompassing connectivity solutions for various users. Operations are maintained in the local region, focusing on infrastructure support and service reliability. The companys activities are centered on facilitating online access for businesses and individuals in Taiwan.
Who are the top competitors of Magic Systech?
Magic Systech's top competitors include Sky, Rogers and Orange Polska.
What products or services does Magic Systech offer?
Magic Systech offers AURIA Connected Audio Module, Magic X Connected Audio Module, Venice X Connected Audio Module, Kino DAB/FM Chip, and 2 more products and services.
Who are Magic Systech's investors?
Magic Systech has 1 investor. Key investors include Science Group.
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