Magic Software Enterprises Ltd. (MGIC)
NGM – Real Time Price. Currency in USD
17.38
+17.38 (0.00%)
At close: Feb 23, 2026, 4:00 PM EDT
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NGM – Real Time Price. Currency in USD
17.38
+17.38 (0.00%)
At close: Feb 23, 2026, 4:00 PM EDT
Magic Software Enterprises Ltd. provides proprietary application development, vertical software solutions, business process integration, information technologies (IT) outsourcing software services, and cloud-based services worldwide. It operates in two segments, Software Services and IT Professional Services. The Software Services segment develops, markets, sells, and supports proprietary and non-proprietary application platforms, software applications, business and process integration solutions, and related services. Its IT Professional Services segment offers IT services in the areas of infrastructure design and delivery; application development; technology planning and implementation services; communications services and solutions; and supplemental outsourcing services. The company also offers application development and business process integration platforms, such as Magic xpa for developing and deploying business applications; AppBuilder for building, deploying, and maintaining business applications; Magic xpi for on premises application integration; Magic xpi cloud native; FactoryEye for virtualization of production data; Magic Data Management and Analytics Platform for data management; and Magic SmartUX for cross-platform mobile business applications. In addition, it provides vertical software solutions comprising Clicks, a medical record information management system; Hermes Cargo for managing air cargo ground handling; HR Pulse, a single-tenant software as a service tool; MBS Solution for TV broadcast management; Nativ for the management of rehabilitation centers; and Mobisale for the sales and distribution field activities. Further, the company offers software maintenance, support, training, and consulting services. The company was formerly known as Mashov Software Export (1983) Ltd. and changed its name to Magic Software Enterprises Ltd. in 1991. The company was incorporated in 1983 and is headquartered in Or Yehuda, Israel. As of February 24, 2026, Magic Software Enterprises Ltd. operates as a subsidiary of Matrix IT Ltd.
| Name | Position |
|---|---|
| Mr. Arik Faingold | President of Integration Solutions Division |
| Mr. Arik Kilman | Chairman of Software Solutions Division |
| Mr. Asaf Berenstin CPA | Chief Financial Officer |
| Mr. Eli Schwartz | Chief Executive Officer of Comblack I.T. Ltd. |
| Mr. Idan Faingold | Chief Executive Officer of CommIT Technology Solutions Ltd |
| Mr. Lior Blik | Chief Executive Officer |
| Mr. Ronen Engler | Vice President of Sales |
| Mr. Yakov Tsaroya | Chief Executive Officer of Coretech Consulting Group LLC, |
| Mr. Yuval Lavi | Vice President Technology & Innovation - Software Solutions division |
| Ms. Karin Netzer | Chief Marketing Officer |
| Date | Type | Document |
|---|---|---|
| 2025-12-10 | 6-K | ea0269139-6k_magic.htm |
| 2025-11-18 | 6-K | ea0266094-6k_magic.htm |
| 2025-11-10 | 6-K | ea0264749-6k_magic.htm |
| 2025-11-03 | 6-K | ea0263539-6k_magic.htm |
| 2025-08-13 | 6-K | ea0252989-6k_magic.htm |
| 2025-07-29 | 6-K | ea0250585-6k_magic.htm |
| 2025-06-10 | 6-K | ea0245248-6k_magicsoft.htm |
| 2025-06-03 | 6-K | ea0244553-6k_magic.htm |
| 2025-05-21 | 6-K | ea0243031-6k_magic.htm |
| 2025-05-15 | 20-F | ea0241007-20f_magic.htm |