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FORMULA SYSTEMS (1985) LTD

Formula Systems (1985) Ltd. (Hebrew: פורמולה מערכות) is a publicly traded holding company headquartered in Or Yehuda, Israel. Through its subsidiaries it operates mainly in the area of information technology. Shares of Formula Systems are traded on the NASDAQ Global Select Market and on the Tel Aviv Stock Exchange. In 2010 Polish software maker Asseco acquired a 50.2% stake in the company.

Sources and references ↗
COMPANY PROFILE / 11 SOURCE-LINKED FIELDS

Basic company information

Each field links to its source. Financial figures retain their reporting periods; background references are identified in the source list.

Business sectors
conglomerate [1]
Company / filing name
FORMULA SYSTEMS (1985) LTD [2]
Headquarters location
Or Yehuda [1]
Founded
1985 [1]
Legal form
limited company [1]
Founders
Dan Goldstein [1]
Official website
https://www.formulasystems.com; https://www.formulasystems.com/ [1]
ISIN (reported securities)
IL0002560162 [1]
CIK
1045986 [2]
Country in background record
Israel [1]
Symbols / exchanges
FORTY (Nasdaq) [2]

Company positioning and business

Formula Systems (1985) Ltd. (Hebrew: פורמולה מערכות) is a publicly traded holding company headquartered in Or Yehuda, Israel. Through its subsidiaries it operates mainly in the area of information technology. Shares of Formula Systems are traded on the NASDAQ Global Select Market and on the Tel Aviv Stock Exchange. In 2010 Polish software maker Asseco acquired a 50.2% stake in the company. [3]

Background text: Wikipedia contributors, Formula Systems. Selected introductory paragraphs, licensed under CC BY-SA 4.0. Official filing data is cited separately.

Financial year, securities and disclosures

Listed securities: FORTY (Nasdaq). Multiple symbols may represent different share classes or securities of the same registrant. [2]

History and key events

  1. Founding / inception date recorded in Wikidata. [1]

Financial results and regulatory disclosures

No individual financial documents have been indexed yet. Open the source to consult company disclosures. [2]

Related entities and concepts

Frequently asked questions

When was FORMULA SYSTEMS (1985) LTD founded?

Founded: 1985. The linked source provides the background record. [1]

Where is the headquarters of FORMULA SYSTEMS (1985) LTD?

Headquarters location: Or Yehuda. The linked source provides the background record. [1]

Which business sectors are recorded for FORMULA SYSTEMS (1985) LTD?

Business sectors: conglomerate. The linked source provides the background record. [1]

Sources and review dates

  1. Wikidata — company background record (CC0) ↗
  2. Company identity and profile data ↗
  3. Wikipedia contributors — Formula Systems (CC BY-SA 4.0) ↗

Reviewed 23 October 2026. Financial periods and historical event dates are shown separately. Figures reflect their stated source dates; this page is not a live quote or investment recommendation.

Content preparation: source-based compilation with AI assistance. See methods and attribution. Named sources identify the underlying records; no individual expert review is claimed.