Chroma-Scan with designers Levin and Frommer

Scientific Technology

One of the first commercial color scanners that was ever designed and built, is the Chroma-Scan.
Designed at Scientific Technology (the predecessor of Scitex in Rehovot), the Chroma-Scan was manufactured and sold into the textile image design market.
The product manager was Arie Levin (right).  Jacob Frommer (left) was the lead Electronics developer (see the schematic diagram behind them…).

To see another color photo of Jacob and the ready-to-go Scanner, click here for an earlier posting at ExScite.org.

Read More

Haim Shani

Haim Shani

The ExScite Haim Shani recently retired from his position as Director General of Israel’s Ministry of Finance, the highest non-political economic post in the government. He led key business related legislation and committees for two and a half years. Mr Shani has been in the High Tech industry for 28 years. He has lived and managed businesses in Israel, the US, Asia and Europe at IBM, Scitex, Orbotech and Applied Materials.
Haim was the CEO of NICE (NASDAQ: NICE) for eight years. He grew the company’s revenue to over $600M (a factor of 6X) through operational changes and strategic diversification. The company’s market cap grew from $100M to $2.5B during his tenure. He also managed and grew global businesses in Enterprise Software, Telecom, Semiconductor, HLS and the Printing industries.

Mr. Shani is presently the Chairman of the UK-Israel High Tech Hub sponsored by the UK government and the private sector with the objective to increase cooperation between the UK and Israel technical communities and economies.

Mr. Shani has a BSc in Industrial and Management Engineering from Tchnion, as well as an MBA from INSEAD in Fontainebleau, France. In 2008, Mr. Shani was selected as D&B top 10 CEOs in the country. In 2006 he was selected as Top High Tech CEO in the large corporations category my the MIL

Read More

Business Opportunity- Universal Laser Systems

Universal Ad

Expand Revenues and Dominate Your Local Market       

Universal Laser Systems, a highly profitable global leader in leading edge material processing and imaging technology, is searching for the right distribution partners.

If you are looking to expand your offerings and you routinely sell to engineering and manufacturing companies we should connect!

For additional information please contact:

The ExScite-  Ron Tavor, Universal Laser Systems, Business Development     www.ulsinc.com

480-332-2618

rtavor@ulsinc.com

 

Read More

Pill-Cam maker Given Imaging (CEO- the ExScite Homi Shamir), sold for $860

Pill-Cam maker Given Imaging, under the leadership of the ExScite Homi Shamir sold for $860m.

Homi Shamir and the Pill

Irish medical device maker Covidien says Israeli made camera-in-a-pill device will help it expand presence in GI market.

A huge shakeup in the medical device field as Ireland’s Covidien acquires Israeli camera-in-a-pill maker Given Imaging for a reported $860 million. The companies announced today (December 8, 2013) a definitive agreement under which Covidien will acquire all of the outstanding shares of Given Imaging for $30.00 per share in cash. Given Imaging is world renowned for its non-invasive technology that detects disorders in the gastrointestinal (GI) tract. Known as PillCam, the camera-in-a-pill device is ingested by patients and allows physicians to visualize the esophagus, colon, and areas of the small intestine. The PillCam is seen as the alternative answer to traditional colonoscopies. See info here.

“We believe GI is one of the most attractive specialty procedure areas. Acquiring Given will enable Covidien to significantly expand its presence in a $3 billion GI market,” said Bryan Hanson, Group President, Medical Devices & US, Covidien. “Adding Given’s portfolio of diagnostics to our portfolio accelerates Covidien’s strategy of providing
physicians with products that support the patient along the care continuum from diagnosis to treatment. It also confirms our leadership in developing less-invasive screening, diagnosis and treatment solutions that can improve patient outcomes and lower healthcare costs.”

PillCam
“Given Imaging revolutionized GI diagnostics over 12 years ago with the launch of PillCam and created an entirely new diagnostic category — capsule endoscopy. The combination of Covidien’s established global presence and Given Imaging’s innovative capabilities has the potential to transform this market,” said the ExScite Homi Shamir, President and CEO, Given Imaging.
“After thoroughly evaluating our strategic options we determined that this transaction is in the best interests of Given Imaging, its shareholders and employees and provides unique benefits to patients globally.”
IDB subsidiary Discount Investment Corporation sent a notice to the TASE saying it had agreed to sell Given Imaging.

The transaction is expected to be completed by March 31.

Read More

Benjamin Netanyahu Israel’s prime minister, note to the Arazi family

Netanyahu on Efi

Benjamin Netanyahu Israel’s prime minister, note in Hebrew to the Arazi family following Efi’s passing.

Click here to see the signed original:  01 – Benjamin Netanyahu to Arazi family

Translation:

Dear Aarazi family,
I was saddened to hear about Efi’s passing.
Efi was one of the first pioneers of the Israeli high-tech industry. He combined vision and action, and realized before many others, the awesome technological potential available in Israel.
I have known Efi and liked him as a brilliant and witty person, recognizing that a world  of opportunities is wide open for him.
Unfortunately, his illness has taken him from us before he could complete contributing his genius leadership to further advance and develop the Israeli economy.

Regards,
Beyamin Netanyahu
April 14
[Israel’s prime minister]

Read More
Go to Top