>>It wasn’t what they were thinking about when they first negotiated a merger between them, but a “merger” between Israeli companies Scitex (Nasdaq: SCIX; TASE: SCIX) and Indigo can finally be celebrated. Their “merger” did not create an Israeli digital printing giant, as their entrepreneurs hoped a decade ago. Both of them have now jointly disappeared - first Indigo, and now Scitex Vision - into the great house of printing and computer giant HP-Hewlett-Packard (NYSE: HPQ). Most of what once was Scitex has been taken over by another giant - Eastman KODAK (NYSE: EK).
Indigo and Scitex both began a mad dash in the direction of the giants, a race which finally ended last Friday, when Eastman KODAK and HP divided up Israeli know-how between them, while managing to leave the third giant, Xerox (NYSE: XRX), high and dry. The era of Israeli-owned digital printing has ended, over 35 years after Arazi put the word “Scitex” on a sign in front of the company plant.
Market Data 
Markets 
AI
