FORTY
Formula Systems (1985)·NASDAQ
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FORTY Profile
Formula Systems (1985) Ltd.
A global information technology group that provides software consulting services, computer-based business solutions and developing proprietary software products
Information Technology Services
04/02/1985
10/24/1997
NASDAQ Stock Exchange
22,720
12-31
Depository Receipts (Ordinary Shares)
Terminal Center, Yahadut Canada 1 Street, Or Yehuda 6037501, Israel
Global IT solutions and services.
Formula Systems (1985) Ltd., was incorporated in Israel on April 2, 1985. It is a global IT solutions and services company headquartered in Israel. The company is principally engaged in providing software consulting services, developing proprietary software products, and providing computer-based business solutions. The company provides solutions to clients' complex IT service needs in more than 50 countries around the world, including some Fortune 1000 companies. They do business through their subsidiaries — Matrix, Sapiens, Magic Software, Michpal, Zap Group, InSync, Shamrad, Ofek Aerial Photography and Hashahar Telecom — as well as through their equity investor TSG Systems and another associate 。
