
<p>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.</p><p>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.</p><p>"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.</p><p>"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."</p><p><a href="http://www.prnewswire.com/news-releases/magic-software-establishes-technology-partnership-with-gigaspaces-203343931.html">Keep reading...</a></p>