Efi Arazi

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Efi Arazi
File:אפי ארזי.jpg
Native name אפי ארזי
Born Efraim R. Arazi
(1937-04-14)14 April 1937
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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

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

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

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  3. 3.0 3.1 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
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  11. The Annual Report of Scitex Corporation Ltd. (Form 20-F) to the Securities & Exchange Commission for year ended 31 December 1988.
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External links