Formula Systems 1985 Ltd ADR

Formula Systems (1985) Ltd., through its subsidiaries, operates as an information technology company in Israel and internationally. It offers software consulting, IT solutions and software systems, proprietary software, and IT professional services such as implementation and integration, outsourcing, project management, managed services, training centers, and software testing. The company also provides cloud and computing infrastructure, packaged software solutions (including Clicks, Hermes Cargo, HR Pulse, MBS, Nativ, and Mobisale), and product-related services like maintenance, support, and training. Additionally, it offers software and services for payroll, pension administration, workforce management, human resources, financial processes, accounting workflows, and business operations, as well as digital advertising, e-commerce platforms, digital services, aerial and satellite mapping, geographic data processing, installation of communication and security systems, and fiber optics and cabling deployment. Incorporated in 1985, it is headquartered in Or Yehuda, Israel.