Efi Arazi

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Efi Arazi
אפי ארזי.jpg
Native name אפי ארזי
Born Efraim R. Arazi
(1937-04-14)14 April 1937
Died 14 April 2013(2013-04-14) (aged 76)
Nationality Israeli
Alma mater Massachusetts Institute of Technology
Occupation High Tech Entrepreneur
Employer Seerun Ltd.
Title Chairman

Efraim R. "Efi" Arazi (Hebrew: אפי ארזי‎) (14 April 1937 – 14 April 2013)[1] was an Israeli businessman.[2]

Education[edit]

Arazi enrolled as a Shoher to study electronics in the Israel Defense Forces at the Air Force Technological Academy,[3] He earned an engineering degree in the 1960s at the Massachusetts Institute of Technology.[4][5] (he was accepted to MIT via the "extraordinary cases" as he did not have a matriculation certificate).[3]

Business career[edit]

Arazi began his career in the United States. He returned to Israel in June 1967.[6] In 1968 he founded and headed Scitex Corporation (renamed Scailex Corporation in 2005), an Israel-based multi-national company that specialized in developing and manufacturing hardware and software for the graphics design, printing, and publishing markets.[6][7][8] It was the first Israeli high-tech firm, and at its peak employed 4,000 people.[9] Arazi stepped down as CEO and president of Scitex on 1 June 1988,[10] but continued to serve as chairman of the board of directors of the company (a position to which he had been appointed on 1 May 1985) until 18 January 1989, when Robert Maxwell's Mirror Group acquired a 27% stake in the company and Maxwell was appointed chairman.[11]

In 1988 Arazi founded Electronics for Imaging.[4][12] He later became CEO of iMedia, a developer of tools for cable, satellite, and terrestrial television operators to manage compressed digital video.[8]

In 2006, he sold two large apartments in Treetop Towers (Migdalei Tzameret), on Pinkas Street in Tel Aviv, for $12 million.[13]

At the time of his death, Arazi was chairman of Seerun Ltd.[8]

References[edit]

  1. ^ Israel News (14 April 2013). "Efi Arazi, Israeli high-tech pioneer, passes away at age 76". ynetNews.com. Retrieved 2013-04-14. 
  2. ^ Sheva, Nathan (2 April 2008). "Efi Arazi invests in Knafaim". Haaretz. Retrieved 20 July 2011. [dead link][dead link]
  3. ^ a b If we always follow the hard-and-fast rules without any deviation or creativity, we shall certainly miss extraordinary talents and unusual people, and merely get a great deal of boring mediocrity
  4. ^ a b "Electronics for Imaging, Inc. – Company History". Fundinguniverse.com. Retrieved 20 July 2011. 
  5. ^ Martha Rosler (2004). Decoys and disruptions: selected writings, 1975–2001. MIT Press. Retrieved 20 July 2011. 
  6. ^ a b Elia Zureik (2011). Surveillance and Control in Israel/Palestine: Population, Territory and Power. Retrieved 20 July 2011. 
  7. ^ "Scitex Chief Is A Kite-Flying Dynamo". Los Angeles Times. 20 December 1981. Retrieved 20 July 2011. 
  8. ^ a b c "Efi Arazi: Executive Profile & Biography". Business Week. Retrieved 20 July 2011. 
  9. ^ "Even flagships need talented captains". Haaretz. 10 March 2010. Retrieved 20 July 2011. 
  10. ^ Labate, John (28 June 1993). "Companies to Watch". Money.cnn.com. Retrieved 20 July 2011. 
  11. ^ The Annual Report of Scitex Corporation Ltd. (Form 20-F) to the Securities & Exchange Commission for year ended 31 December 1988.
  12. ^ Marshall Phelps, David Kline (2009). Burning the ships: intellectual property and the transformation of Microsoft. Retrieved 20 July 2011. 
  13. ^ Mirovsky, Arik (2 April 2008). "Efi Arazi sells Adelsons two Tel Aviv flats for huge $16 million". Haaretz. Retrieved 20 July 2011. 

External links[edit]