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Magic Software Establishes Technology Partnership With GigaSpaces

OR YEHUDA, Israel, April 17, 2013 /PRNewswire/ -- Magic Software Enterprises Ltd.  ( NASDAQ: MGIC ), a global provider of  software platforms  for  enterprise mobility cloud applications , and  business integration , announced today that it has established a technology partnership with  GigaSpaces Technologies , a pioneer of next-generation application and cloud enablement platforms for business-critical applications.

The partnership with GigaSpaces upholds Magic's commitment to provide its customers with future-ready solutions, providing optimal performance in light of increasing demands for big data, cloud computing, and the exponential growth of transactions as enterprises mobilize their business processes.

"We are excited to integrate GigaSpaces' XAP in-memory computing (IMC) technology into Magic's technology stack. By combining our technologies, we will enable our customers to be cloud-ready and enjoy the benefits of high performance, scalability and availability that can be achieved with in-memory computing technology, all with a seamless migration effort and virtually no learning curve," said Eyal Pfeifel, CTO at Magic.

"We are happy to join forces with a visionary partner, such as Magic, that recognizes the value that in-memory computing brings to addressing current and forthcoming IT challenges," said Adi Paz, EVP of Business Development & Marketing at GigaSpaces. "Magic is one of a growing number of software companies who are using in-memory computing technologies inside their products. The ' in-memory computing inside ' approach enables their users to benefit from IMC advantages with minimal impact on their existing applications and skills."

Gartner's Top 10 Technology Trends, 2013: In-Memory Computing Aims at Mainstream Adoption report published January 31, 2013 states, "Increasing use of in-memory computing (IMC) application infrastructure technologies as enablers inside multiple types of software and hardware products will result in rapid IMC adoption by mainstream, risk-averse IT organizations."

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