Vishay Intertechnology Closes Software License Deal with Magic Software

With more than 50 iBOLT adapters, wizards, services and methods, iBOLT allows any size organization to create continuous business processes based on SAP ERP R/3 and other enterprise systems, while Magic Software’s meta-data based uniPaaS requires only a single skill set to create applications that can deploy with client-server, Web, mobile or browser-free RIA interfaces.

Vishay Intertechnology selected Magic Software’s iBOLT integration suite and uniPaaS application platform after a proof-of-concept demonstrating agile development, straightforward integration and reliability with their existing data and systems such as SAP ERP R/3 and many others.

“Like many large enterprises, Vishay Intertechnology has experienced healthy organic growth that if not managed properly could result in business processes that are strained, inflexible and complex due to diverse databases, operating systems and business application software landscapes,” said Seth Slivka, Senior Vice President of Global IT for Vishay. “We will be able to use the business process integration capabilities of iBOLT and the latest Rich Internet Applications (RIA) of uniPaaS to present a single face to the customer. We are sure that our decision will contribute to our operational efficiency, revenue and profitability by leveraging our investments in existing IT infrastructure.”

“This is a moment of pride for Magic Software adding Vishay Intertechnology to a group of Fortune 1,000 companies using our technology to empower their business,” said Regev Yativ, President and CEO of Magic Software Enterprises Americas. “Vishay has a stellar reputation for innovation and customer service as well as a unique history and high reputation. We see this deal as the first step in a strategic partnership between the companies. In addition to the license sale announced today, we look forward to assisting Vishay with professional services and international support needed to accomplish their vision and business goals for the coming years.”

iBOLT simplifies integration of business applications used for enterprise resource planning (ERP), customer relationship management (CRM), logistics, supply chain management and other enterprise systems. iBOLT is based on Magic Software’s uniPaaS application platform, which provides additional capabilities to develop business applications that can deploy across diverse operating systems, databases and various client types such as web applications, browser-free RIA applications and client-server programs.