About Magic Software Enterpr
Magic Software Enterprises Ltd., incorporated in February 1983, develops, markets, sells and supports an application platform and business and process integration solutions, and offers information technology (IT) professional services. The Company develops, market, sell and support Magic xpa, an application platform for developing and deploying business applications, AppBuilder, an application platform for building, deploying, and maintaining large-scale, custom-built business applications and Magic xpi, a platform for application integration. The Company operates in two segments: oftware services and IT professional services. In July 2012, it acquired an 80% interest in Comm-IT Group, which includes CommIT Technology Solutions Ltd., CommIT Software Ltd. and CommIT Embedded Ltd.
347