Efi Arazi
Encyclopedia
Efraim R. "Efi" Arazi is an Israeli businessman and high-tech entrepreneur.
, Arazi earned an engineering degree in the 1960s at the Massachusetts Institute of Technology
.
Upon Arazi's return to Israel, in 1968 he founded and was the CEO and president of Scitex Corporation (renamed Scailex Corporation in 2005), an Israel-based multi-national company that specialized in developing and manufacturing hardware and software technologies and products, systems, and equipment for the graphics design, printing, and publishing markets. It was the first Israeli high-tech firm, and at its peak employed 4,000 people. Arazi stepped down as CEO and president of Scitex on June 1, 1988, but continued to serve as chairman of the board of directors of the company (a position to which he had been appointed on May 1, 1985) until January 18, 1989, when Robert Maxwell
's Mirror Group acquired a 27% stake in the company and Maxwell was appointed chairman.
In 1988, Arazi founded Electronics for Imaging
, which he nicknamed "Efi". He later founded iMedia, a developer of tools for cable, satellite, and terrestrial television
operators to manage compressed digital video
.
In 2005, Arazi was voted the 148th-greatest Israeli of all time, in a poll by the Israeli news website Ynet
to determine whom the general public considered the 200 Greatest Israelis.
In 2006, he sold two large apartments in Treetop Towers (Migdalei Tzameret), on Pinkas Street in Tel Aviv, for $12 million.
Arazi is now chairman of Seerun Ltd.
Education
After learning electronics in the Israel Defense ForcesIsrael Defense Forces
The Israel Defense Forces , commonly known in Israel by the Hebrew acronym Tzahal , are the military forces of the State of Israel. They consist of the ground forces, air force and navy. It is the sole military wing of the Israeli security forces, and has no civilian jurisdiction within Israel...
, Arazi earned an engineering degree in the 1960s at the Massachusetts Institute of Technology
Massachusetts Institute of Technology
The Massachusetts Institute of Technology is a private research university located in Cambridge, Massachusetts. MIT has five schools and one college, containing a total of 32 academic departments, with a strong emphasis on scientific and technological education and research.Founded in 1861 in...
.
Business career
Arazi began his career in the United States. He left it in June 1967, prompted by a feeling of urgency and pride, to return to Israel.Upon Arazi's return to Israel, in 1968 he founded and was the CEO and president of Scitex Corporation (renamed Scailex Corporation in 2005), an Israel-based multi-national company that specialized in developing and manufacturing hardware and software technologies and products, systems, and equipment for the graphics design, printing, and publishing markets. It was the first Israeli high-tech firm, and at its peak employed 4,000 people. Arazi stepped down as CEO and president of Scitex on June 1, 1988, but continued to serve as chairman of the board of directors of the company (a position to which he had been appointed on May 1, 1985) until January 18, 1989, when Robert Maxwell
Robert Maxwell
Ian Robert Maxwell MC was a Czechoslovakian-born British media proprietor and former Member of Parliament , who rose from poverty to build an extensive publishing empire...
's Mirror Group acquired a 27% stake in the company and Maxwell was appointed chairman.
In 1988, Arazi founded Electronics for Imaging
Electronics for Imaging
Electronics for Imaging, Inc. Electronics For Imaging, Inc. provides color digital print controllers, format printers and inks, and print management solutions worldwide. The companys controller technologies transform digital copiers and printers into networked printing devices...
, which he nicknamed "Efi". He later founded iMedia, a developer of tools for cable, satellite, and terrestrial television
Terrestrial television
Terrestrial television is a mode of television broadcasting which does not involve satellite transmission or cables — typically using radio waves through transmitting and receiving antennas or television antenna aerials...
operators to manage compressed digital video
Digital video
Digital video is a type of digital recording system that works by using a digital rather than an analog video signal.The terms camera, video camera, and camcorder are used interchangeably in this article.- History :...
.
In 2005, Arazi was voted the 148th-greatest Israeli of all time, in a poll by the Israeli news website Ynet
Ynet
Ynet is the most popular Israeli news and general content website. It is owned by the same conglomerate that operates Yediot Ahronot, the country's secondleading daily newspaper...
to determine whom the general public considered the 200 Greatest Israelis.
In 2006, he sold two large apartments in Treetop Towers (Migdalei Tzameret), on Pinkas Street in Tel Aviv, for $12 million.
Arazi is now chairman of Seerun Ltd.
External links
- Efi Arazi: His Way; A Biography, by Dalit Milstein (2004)