The MAGIC collaboration has observed very high energy gamma ray emission from the AGN 1ES 2344+514 . A gamma-ray signal corresponding to an 11 \sigma excess and an integral flux of ( 2.38 \pm { 0.30 _ { \mathrm { stat } } } \pm { 0.70 _ { \mathrm { syst } } } ) \times 10 ^ { -11 } % \mathrm { cm } ^ { -2 } \mathrm { s } ^ { -1 } above 200 GeV has been obtained from 23.1 hours of data taking between 2005 August 3 and 2006 January 1 . The data confirm the previously detected gamma-ray emission from this object during a flare seen by the Whipple collaboration in 1995 and the evidence ( below 5 \sigma significance level ) from long-term observations conducted by the Whipple and HEGRA groups . The MAGIC observations show a relatively steep differential photon spectrum that can be described by a power law with a photon index of \alpha = -2.95 \pm 0.12 _ { \mathrm { stat } } \pm 0.2 _ { \mathrm { syst } } between 140 GeV and 5.4 TeV . The observations reveal a low flux state , about six times below the 1995 flare seen by Whipple and comparable with the previous Whipple and HEGRA long-term measurements . During the MAGIC observations no significant time variability was observed .