Magic Software Enterprises empowers customers and partners around the globe with smarter technology that provides a multi-channel user experience. Our future-proof platforms provide a productive environment for streamlined development and deployment, and effective integration of core business applications, supporting scalable deployment on multiple channels, including on-premise, Web (HTML5), rich Internet, mobile, and SaaS. Using a fresh metadata-driven approach and forward-looking expertise, we deliver products and services that can be deployed with minimal effort, while making the best use of existing assets. We draw on 30 years of experience, millions of installations worldwide, and strategic alliances with global IT leaders, including IBM, Microsoft, Oracle, Salesforce, and SAP, to enable our customers to seamlessly adopt new technologies and maximize business opportunities. With a presence in more than 50 countries, including 14 regional offices, we collaborate closely with our customers and thousands of business partners to accelerate their business performance.
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Or Yehuda, IL
Size (employees)
1,699 (est)+42%
Magic Software was founded in 1983 and is headquartered in Or Yehuda, IL
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Key People/Management at Magic Software

Guy Bernstein

Guy Bernstein

Chief Executive Officer
Asaf Berenstin

Asaf Berenstin

Chief Financial Officer
Amit Birk

Amit Birk

Vice President, M&A and General Counsel
Udi Ertel

Udi Ertel

President, Software Solutions Division
Arik Kilman

Arik Kilman

President, AppBuilder Solutions Division
Ami Ries

Ami Ries

Vice President, Research and Development
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Magic Software Office Locations

Magic Software has an office in Or Yehuda
Or Yehuda, IL (HQ)
5 HaPlada St
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Magic Software Financials and Metrics

Magic Software Financials

Magic Software's revenue was reported to be $201.65 m in FY, 2016 which is a 14.6% increase from the previous period.

Revenue (FY, 2016)

201.6 m

Revenue growth (FY, 2015 - FY, 2016), %


Market capitalization (31-Oct-2017)

390.6 m

Closing share price (31-Oct-2017)

Magic Software's current market capitalization is $390.6 m.
USDFY, 2014FY, 2015FY, 2016


164.3 m176 m201.6 m

Revenue growth, %

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Magic Software Operating Metrics

FY, 2016




3 k
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