Broadcom vs Magic Software

Broadcom Corporation is an American fabless semiconductor company in the wireless and broadband communication business. The company is headquartered in Irvine, California. Broadcom was founded by a professor-student pair Henry Samueli and Henry T. Nicholas III from the University of California, Los Angeles in 1991. In 1995, the company moved from its Westwood, Los Angeles, office to Irvine, California. In 1998, Broadcom became a public company on the NASDAQ exchange and now employs approximately 11,750 people worldwide in more than 15 countries.

Magic Software Enterprises is a global provider of software platforms for enterprise mobility, cloud applications, and business integration. Magic is listed on the NASDAQ Global Select Market and the Tel Aviv Stock Exchange TA-100 Index. Magic Software Enterprises was founded in 1983 by David Assia and Yaki Dunietz as a spin-off from Mashov Computers, a publicly traded Israeli company that provided business solutions on microcomputers. The new company was originally named Mashov Software Export, and developed software for the global market, specifically an application generator named Magic.