Scailex Corporation
Encyclopedia
Scailex Corporation Ltd. was known as Scitex Corporation Ltd. until December 2005. Scitex was an Israel
-based multi-national company, founded by Efraim (Efi) Arazi in the late 1960s, and which at one stage was considered the flagship of Israeli industry. The company specialized in producing products, systems and equipment for the graphics design, printing and publishing markets. In 1985 it formed a joint venture company with the Continental Can Company called Contex Graphics Systems, a pioneer in two- and three-dimensional design systems based on Silicon Graphic workstations.
By the late 1990s Scitex had three principal business units: its core Scitex Graphic Arts Group, which was acquired by Creo Products Inc.
in April 2000; Scitex Digital Printing, based in Dayton
, Ohio
, sold to Eastman Kodak Company in January 2004; and Scitex Vision
, sold to Hewlett-Packard
(HP) in November 2005.
Following the sale of Scitex Vision to HP, which included certain rights to the name "Scitex", the company changed its name on 29 December 2005 to Scailex Corporation Ltd. and has since experienced several changes in control and business activities. In August 2009, Scailex purchased the controlling share in Partner Communications, one of Israel's leading cellular telephony providers.
was an Israel-based company that specialized in producing equipment for large- and very-large-format printing on both paper and specialty materials. The company was incorporated as Idanit Technologies Ltd. on 19 May 1994. It was acquired by Scitex on 25 February 1998 and changed its name to Scitex Wide Format Printing Ltd. on 24 February 1998. In October 1998, its operations were expanded by the purchase of the super-wide format product line of the Matan group of companies. On 21 August 2000, it adopted the name Scitex Vision. In January 2003, Scitex Vision (100% owned by Scitex) was merged Aprion Digital Ltd. (see below, under "Minority interests") and Scitex held a 75% interest in the merged corporation, which was called Scitex Vision Ltd.
The operations of Scitex Vision, then headquartered in Netanya
, Israel, together with rights to the name "Scitex" were acquired by Hewlett-Packard in November 2005 (and renamed HP Scitex).
Israel
The State of Israel is a parliamentary republic located in the Middle East, along the eastern shore of the Mediterranean Sea...
-based multi-national company, founded by Efraim (Efi) Arazi in the late 1960s, and which at one stage was considered the flagship of Israeli industry. The company specialized in producing products, systems and equipment for the graphics design, printing and publishing markets. In 1985 it formed a joint venture company with the Continental Can Company called Contex Graphics Systems, a pioneer in two- and three-dimensional design systems based on Silicon Graphic workstations.
By the late 1990s Scitex had three principal business units: its core Scitex Graphic Arts Group, which was acquired by Creo Products Inc.
Creo
Creo, now part of Eastman Kodak Company, was a Burnaby, British Columbia Canada-based company involved in imaging and software technology for computer to plate and digital printing. The name derives from the Latin creo, "I create."...
in April 2000; Scitex Digital Printing, based in Dayton
Dayton
Dayton is a city in Ohio and the county seat of Montgomery County, Ohio, United States.Dayton may also refer to:-United States:*Dayton, Alabama*Dayton, California, in Butte County*Dayton, Lassen County, California*Dayton, Idaho*Dayton, Indiana...
, Ohio
Ohio
Ohio is a Midwestern state in the United States. The 34th largest state by area in the U.S.,it is the 7th‑most populous with over 11.5 million residents, containing several major American cities and seven metropolitan areas with populations of 500,000 or more.The state's capital is Columbus...
, sold to Eastman Kodak Company in January 2004; and Scitex Vision
Scitex Vision
Scitex Vision, was part of Scitex Corporation Ltd. It was an Israel-based company that specialized in producing equipment for large- and very-large-format printing on both paper and specialty materials...
, sold to Hewlett-Packard
Hewlett-Packard
Hewlett-Packard Company or HP is an American multinational information technology corporation headquartered in Palo Alto, California, USA that provides products, technologies, softwares, solutions and services to consumers, small- and medium-sized businesses and large enterprises, including...
(HP) in November 2005.
Following the sale of Scitex Vision to HP, which included certain rights to the name "Scitex", the company changed its name on 29 December 2005 to Scailex Corporation Ltd. and has since experienced several changes in control and business activities. In August 2009, Scailex purchased the controlling share in Partner Communications, one of Israel's leading cellular telephony providers.
Scitex Digital Printing
Scitex Digital Printing, Inc. was a U.S. corporation, wholly owned by Scitex, based in Dayton, Ohio. It developed, manufactured and sold ultra high speed, computer-driven, variable-data inkjet printers. It was formerly the Dayton Operations division of Kodak, from whom Scitex purchased it in June 1993 for $70 million plus an additional amount based upon performance. It was sold back to Kodak in January 2004 for $250 million and renamed Kodak Versamark.Scitex Vision
Scitex VisionScitex Vision
Scitex Vision, was part of Scitex Corporation Ltd. It was an Israel-based company that specialized in producing equipment for large- and very-large-format printing on both paper and specialty materials...
was an Israel-based company that specialized in producing equipment for large- and very-large-format printing on both paper and specialty materials. The company was incorporated as Idanit Technologies Ltd. on 19 May 1994. It was acquired by Scitex on 25 February 1998 and changed its name to Scitex Wide Format Printing Ltd. on 24 February 1998. In October 1998, its operations were expanded by the purchase of the super-wide format product line of the Matan group of companies. On 21 August 2000, it adopted the name Scitex Vision. In January 2003, Scitex Vision (100% owned by Scitex) was merged Aprion Digital Ltd. (see below, under "Minority interests") and Scitex held a 75% interest in the merged corporation, which was called Scitex Vision Ltd.
The operations of Scitex Vision, then headquartered in Netanya
Netanya
Netanya is a city in the Northern Centre District of Israel, and is the capital of the surrounding Sharon plain. It is located north of Tel Aviv, and south of Haifa between the 'Poleg' stream and Wingate Institute in the south and the 'Avichail' stream in the north.Its of beaches have made the...
, Israel, together with rights to the name "Scitex" were acquired by Hewlett-Packard in November 2005 (and renamed HP Scitex).
Minority interests
Scitex also held interests in a number of other corporations, including the following:- Aprion Digital Ltd., based in Netanya, Israel, was formed in 1999 as a spin-off of Scitex's Advanced Printing Products Division, and developed drop-on-demand inkjet technologies and products. Scitex initially held an approximate 17.5% interest, which was subsequently increased to 42.5%. In January 2003, Aprion was merged with Scitex Vision Ltd. The continuing corporation, known as Scitex Vision Ltd. was 75% owned by Scitex..
- Creo Products Inc.CreoCreo, now part of Eastman Kodak Company, was a Burnaby, British Columbia Canada-based company involved in imaging and software technology for computer to plate and digital printing. The name derives from the Latin creo, "I create."...
, later known as Creo, Inc, a Canadian corporation, based in Burnaby, British ColumbiaBritish ColumbiaBritish Columbia is the westernmost of Canada's provinces and is known for its natural beauty, as reflected in its Latin motto, Splendor sine occasu . Its name was chosen by Queen Victoria in 1858...
, was a developer, manufacturer and distributor of solutions for the graphics arts industry. Scitex acquired 28.7% of the shares in Creo in return for the sale to Creo of Scitex's graphics arts operations (digital preprint and print-on-demand systems) in April 2000, which were initially known as CreoScitex. Scitex gradually sold the shares and, in June and August 2003, it sold its remaining 6.5% stake. In 2005, Creo (including the former Scitex operations) was acquired by Eastman Kodak. - Jemtex Ink Jet Printing Ltd., a developer and manufacturer of inkjet digital printheads and engines for the large industrial printing market, based in LodLodLod is a city located on the Sharon Plain southeast of Tel Aviv in the Center District of Israel. At the end of 2010, it had a population of 70,000, roughly 75 percent Jewish and 25 percent Arab.The name is derived from the Biblical city of Lod...
, Israel. Scitex commenced investing in this company, as a start-up, in May 2000. In August 2006, its interest having increased to 75%, it agreed a buyout by senior management of Jemtex, thus reducing its stake in Jemtex to 15%. - Objet Geometries Ltd., a developer and producer of three dimensional inkjet modeling applications, based in RehovotRehovotRehovot is a city in the Center District of Israel, about south of Tel Aviv. According to the Israel Central Bureau of Statistics , at the end of 2009 the city had a total population of 112,700. Rehovot's official website estimates the population at 114,000.Rehovot was built on the site of Doron,...
, Israel. Scitex acquired an initial 18.7% stake in this company, a start-up, in May 2000, which stake was subsequently increased. In June 2005, it sold all its interest, then standing at 22.9%. - RealTimeImage, or RTI, a developer of Internet-based imaging products and services for the graphic arts and medical communities, based in San Bruno, CaliforniaCaliforniaCalifornia is a state located on the West Coast of the United States. It is by far the most populous U.S. state, and the third-largest by land area...
, and Or YehudaOr YehudaOr Yehuda is a city in the Tel Aviv District in Israel. According to the Israel Central Bureau of Statistics , the city had a population of 32,200 at the end of 2007.-History:Or Yehuda is located where the biblical city of Kefar Ono used to stand....
, Israel. Scitex first acquired an interest in RTI in December 1999, when the company was just starting. In July 2005, all the business and assets of RTI were sold to IDX Systems Corporation, at which time Scitex held a 14.9% stake. - XMPie, a developer of innovative software solutions for publishing, using personalized marketing, was a Scitex spin-off, founded in 2000 and headquartered in New YorkNew YorkNew York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
with facilities in NetanyaNetanyaNetanya is a city in the Northern Centre District of Israel, and is the capital of the surrounding Sharon plain. It is located north of Tel Aviv, and south of Haifa between the 'Poleg' stream and Wingate Institute in the south and the 'Avichail' stream in the north.Its of beaches have made the...
, Israel. Scitex held an initial 19.9% stake, which was later diluted to 2.3%. In November 2006, the whole of XMPie was sold to Xerox Corporation for $48 million.