Magal S3 is a leading international provider of integrated solutions and products for physical and cyber security, safety and site management.
Magal was established in 1965 as a branch of the Israeli Aerospace Industry focused on developing smart fences for security; 15 years later Magal was floated and privatized and had its IPO on NASDAQ on 1993.
In 2013 Magal acquired CyberSeal, which became it's cyber business arm, pioneering the concept of providing cyber security products for ICS (Industrial Control Systems).
Magal holds fifteen branches worldwide, with two of them serving as main operation centers; one of the sites owns the largest private test rangein the world for outdoor security technology.
Magal's unique business proposition
The core capability of Magal is PIDS technology (Perimeter Intrusion Detection System); Magal is the number one leader in this market. Yet, along the years, Magal transformed its business and is now focused on delivering full security solutions for critical sites. These include seaports, airports, Utilities, oil & gas facilities, industrial sites, prisons, etc.
Magal's flexible business model enables it to support all the various levels of the security supply chain:
End users - by delivering turnkey solutions
Tier 1 system integrators and contractors - by delivering the core security solution, complementing their project offering
and the system integrators by supplying PIDS and cyber products to complement their solutions.
Closing share price