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Aurec Group
The "Aurec Group"(from Latin: Aurum - gold, or from Hebrew: עורק - artery), is an Israeli holding company established in 1968 by Morris Kahn.
Amongst the group's holdings have been Golden Pages (the Israeli Yellow Pages), the former cable television provider ''Golden Channels'' (now amalgamated into Hot); an internet service provider named ''Golden Lines'' (now merged with ''Internet Zahav'' to form 012 Smile); and ''AIG Golden'' (a joint venture with the AIG insurance company) and Amdocs, now a leading provider of software and services for billing, customer relationship management (CRM), operations support systems (OSS) to the telecommunications industry.〔(【引用サイトリンク】AIG's Joint Venture Insurance Company In Israel Receives License To Market Life Insurance )〕
==History==
In 1999, Aurec sold off its holdings in the Arutzei Zahav cable company to its partners, Eliezer Fishman and Yedioth Ahronoth, for US$40 million. In 2000, Kahn also sold 51.5 percent of the Aurec Group's holdings in Golden Lines (Kavei Zahav ) to Fishman, for $180 million. Also in 2000, Aurec divested itself of its 50 percent holding in Netcom, a smaller provider of data communications networks. The value of the transaction was never revealed, but it is thought that Aurec received about $20 million for its shares.〔
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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