EFI has released a statement on the passing of its founder, Efraim 'Efi' Arazi, on Sunday April 14th. The Israeli tech pioneer, 76, created the company in 1988 and served as chairman, president and chief executive until 1994.

"We are all deeply saddened by the passing of our founder and one of the most influential leaders in the history of our industry, and we send our sympathies and condolences to Efi's family," says Guy Gecht, chief executive, EFI. "Though no longer with us, Efi's spirit of entrepreneurship, brilliant creativity and love of innovation will always remain at EFI."