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Sunday, February 5, 2012

Magic Solutions - Wikipedia, the free encyclopedia

Magic Solutions - Wikipedia, the free encyclopedia: "The company was founded in 1988 by Igal Lichtman and headquartered in Paramus, New Jersey.
The company started with one programmer and a single customer and grew to over 300 staff serving 6,000 customers. It reached a yearly revenue level of US$64M. In 1997, the company was sold to Network Associates, Inc (now known as McAfee) for $110M in cash. Along the way, Magic Solutions avoided venture capital and kept the original management team in place. The company continually outperformed, out-developed, outsold and out-marketed their better-financed west coast rivals. "

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