Develops, markets and supports Magic software development and deployment technology and business solutions. Its technology enables enterprises to speed the process of building and deploying business software applications.
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Recs
Magic has been aquiring companies to form a consistent revenue flow for the short term with regard to maintanence accounts while setting itself up for future fast growth with it's new product offerings. They are well diversified to avoid rapid revenue reductions at this point especialy with zero debt and a large amount of cash on hand. So future revenue growth in the short term will either be flat due to Japan and the U.S. or will rise starting in about October