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Formula Systems Ltd.

Company Description

Formula Systems (1985) Ltd. engages in the provision of information technology (IT) solutions and services. It operates through the Software Services and IT Professional Services segments. The Software Services segment develops, markets, sells, and supports a proprietary and none proprietary application platform; software applications; business and process integration solutions; and related services. The IT Professional Services segment offers IT services in the areas of infrastructure design and delivery; application development; technology planning and implementation services; communications services and solutions; and supplemental staffing services. The company was founded on April 2, 1985 and is headquartered in Or Yehuda, Israel. [Source: MarketWatch]

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