Magic Software Enterprises is a global provider of: proprietary application development and business process integration platforms, selected packaged vertical software solutions, as well as a vendor of software services and Information Technologies (IT) outsourcing software services. Co. has two reportable business segments: software solutions (which include proprietary and non-proprietary software technology, maintenance and support and complementary services) and IT professional services. Co.'s software solutions are used by customers to develop, deploy and integrate on-premise, mobile and cloud-based business applications. Co. also provides selected verticals with a software solution.