Shlomo Dovrat has been a leading business figure in the Israeli high-tech industry for over 25 years. After serving in an elite technology unit within the Israeli Defense Forces, Shlomo began his career as a high-tech entrepreneur, eventually becoming CEO and Chairman of several leading high-tech companies. In 1982, Shlomo co-founded Oshap as CEO and President. In 1985, at the age of 26, Shlomo led Oshap to its IPO on the NASDAQ. In the 1990s, Shlomo transformed Oshap into an active software investment company and served as chairman of MINT Software Technology Ltd. and Decalog N.V., successful financial software companies (described below). In July 1999, SunGard acquired Oshap for $220 million.
Shlomo was also the founder of Tecnomatix and served as its CEO and President from its inception in 1983 until 1995. At Tecnomatix, Shlomo was deeply involved in product development, market penetration and the establishment of a strong global sales and support organization. In 1993, Shlomo led Tecnomatix's IPO on the NASDAQ (TCNO). He served as Chairman of Tecnomatix until December 2001. Shlomo has developed a broad network and excellent reputation within the high-tech industry and the investment community.
Shlomo also served as Chairman of ECI Telecom (NASDAQ: ECIL), and led its successful turn around, and its sale to a private equity group for over $1.24 billion in September 2007. He currently serves on the boards of a number of portfolio companies.
In 2003, Shlomo was appointed by the Government of Israel as Chairman of the National Task Force for the Advancement of the Educational System. The Task Force's objectives are to conduct and to recommend a comprehensive plan for reform of the education system in Israel. Shlomo also was one of the founders of the Israeli Venture Network, an initiative by leading figures in the U.S. and Israeli high-tech community to promote various educational projects throughout Israel.