Last 2,520
Change Today +7.00 / 0.28%
Volume 16.3K
MGIC On Other Exchanges
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As of 10:24 AM 07/29/14 All times are local (Market data is delayed by at least 15 minutes).

magic software enterprises (MGIC) Snapshot

Open
$2,488
Previous Close
$2,513
Day High
$2,540
Day Low
$2,488
52 Week High
02/27/14 - $3,412
52 Week Low
08/12/13 - $2,049
Market Cap
1.1B
Average Volume 10 Days
17.2K
EPS TTM
$0.43
Shares Outstanding
44.1M
EX-Date
02/27/14
P/E TM
16.9x
Dividend
$0.25
Dividend Yield
2.96%
Current Stock Chart for MAGIC SOFTWARE ENTERPRISES (MGIC)

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magic software enterprises (MGIC) Details

Magic Software Enterprises Ltd. provides proprietary application development and business process integration software solutions, and related professional services. The company develops Magic xpa application platform that provides development and deployment environment, which facilitates organizations and magic software providers (MSPs) to create mobile and desktop business application; AppBuilder application platform, a development environment used for managing, maintaining, and reusing applications required by large businesses; and Magic xpi integration platform, a graphical wizard-based code-free solution, which delivers the integration and orchestration of business processes and applications. It also offers information technology services, including professional services, such as infrastructure design and delivery; application development; technology consulting, planning, and implementation; and support and staffing services. In addition, the company provides annual maintenance contracts; technical support; and training services, as well as consulting services in connection with installation assurance, application audits and performance enhancement, application migration, and application prototyping and design. Magic Software Enterprises Ltd. markets, sells, and supports its products through its offices and marketing departments, as well as through a channel-network of MSPs, system integrators, value-added distributors and resellers, and OEM and consulting partners. The company was formerly known as Mashov Software Export (1983) Ltd. and changed its name to Magic Software Enterprises Ltd. in 1991. Magic Software Enterprises Ltd. was founded in 1983 and is headquartered in Or Yehuda, Israel. Magic Software Enterprises Ltd. is a subsidiary of Formula Systems (1985) Ltd.

1,302 Employees
Last Reported Date: 02/24/14
Founded in 1983

magic software enterprises (MGIC) Top Compensated Officers

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magic software enterprises (MGIC) Key Developments

Magic Software Enterprises Ltd. Announces Next Version of its Multi-Channel Application Development Platform, Magic xpa 2.5

Magic Software Enterprises Ltd. announced the next version of its multi-channel application development platform, Magic xpa 2.5, along with a new Mobile Accelerator Framework, both designed to improve the user and developer experience for mobile business apps based on Magic technology. The proven, code-free, metadata-based Magic xpa Application Platform provides an easy-to-use, highly-productive and cost-effective development and deployment environment that lets organizations and ISVs quickly create multi-channel mobile and desktop business apps. Mobile enhancements in the Magic xpa 2.5 release include: Enriched User Experience: New form animation and color options, enhanced navigation features including native tab bars and navigation drawers, support for customized keyboards and additional native controls; Greater Platform Extensibility: Streamlined integration between the Magic platform and native code lets developers add more native capabilities; Improved Developer Productivity: Improved native integration environment makes developers more productive; Push Notifications: Developers can add push notifications across iOS and Android devices; Support of Additional Databases and Technologies: Compatible with latest database versions (e.g. Oracle 12) and technologies. The company also introduced its Mobile Accelerator Framework that includes pre-built component-based development modules and best practices. The reusable components speed development and reduce resources required to create multi-platform mobile applications. Magic xpa Application Platform and Magic Mobile Accelerator Framework are part of Magic's End-to-End Enterprise Mobility Solution which also includes Magic xpi Integration Platform, Magic Mobile Device Management and Magic Mobile Professional Services, providing a holistic solution for enterprises that want a cost-effective solution to provide secure, enterprise-grade mobile apps for customers, partners and employees.

Boston Medical Center Implements Mobile Facility Management Apps from Magic Software Enterprises Ltd

Magic Software Enterprises Ltd. announced that Boston Medical Center (BMC) has implemented new mobile facility and work order management apps using the Magic End-to-End Enterprise Mobility Solution. BMC's new iOS and Android applications increase the efficiency of hospital technicians who repair equipment across the large campus and enable the immediate rerouting of employees to respond critical malfunctions as they happen. The apps also enable hospital staff to initiate and monitor service calls and check on status of incidents at any time. Using native device capabilities, employees can scan hospital room barcodes to report a problem or to learn what work needs to be performed in that location. Photos of assets can be added to the record and work orders can be closed on location. With Magic Software's offline mode, mobile apps can run in areas without mobile coverage and then synchronize when connections are re-established.

Sennheiser Selects Magic xpi for Central Integration Platform

Magic Software Enterprises Ltd. announced that Sennheiser electronic GmbH & Co. KG, a manufacturer of microphones, headphones and wireless transmission systems, has chosen to implement Magic xpi Integration Platform as a central platform for multiple integration projects. Sennheiser sought an integration platform that would not only serve its immediate need to integrate its new CRM application by SugarCRM with its Oracle JD Edwards EnterpriseOne ERP, but one that would enable it to integrate its entire software landscape. In addition to the Sugar and JD Edwards integration, Sennheiser is already planning to use Magic to integrate other IT systems including, IBM Enterprise Content Management, CIM Database, Lotus Notes, and MicroStrategy.

 

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