Formula Systems 1985 Ltd (NASDAQ:FORTY)

Data as of Jan 26
 -0.11 / -0.53%
Today’s Change
Today|||52-Week Range
Technology Services
Information Technology Services

Company Description

Formula Systems (1985) Ltd. engages in the provision of information technology solutions and services. The company offers software consulting services and computer-based business solutions, and develops proprietary software products. It also provides solutions for e-business development, data center management, software development, software conversion, and porting and other advanced solutions. It operates through three subsidiaries: Matrix, Magic and Sapiens. The Matrix division provides software services, software development projects, outsourcing, integration of software systems and services. The Magic division develops, market, sales and supports software development, deployment technology and software solutions developed using the Magic technology. The Sapiens division provides software solutions for the financial services industry, with a focus on insurance. Formula Systems (1985) was founded on April 2, 1985 and is headquartered in Or Yehuda, Israel.

Contact Information

Formula Systems (1985) Ltd.
5 Haplada Street
Or Yehuda Tel Aviv 60218
P:(723) 538-9487
Investor Relations:



Mutual fund holders--
Individual stakeholders--
Other institutional--

Top Executives

Guy BernsteinChief Executive Officer
Asaf BerenstinChief Financial Officer

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2015 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2015. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2015 and/or its affiliates.