# Abe Peled

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{{short description|American and Israeli businessman}}
{{More footnotes needed|date=March 2020}}
{{Infobox person
| name               = Abe Peled
| image              = 
| native_name        = אייב פלד
| native_name_lang   = he
| birth_date         = 
| birth_place        =
| occupation         = Electrical engineer, technical officer, research officer, chairman (currently)
}}

'''Abe Peled''' ({{langx|he|אייב פלד}})  is an American and Israeli businessman.

==Biography==
Abraham (Abe) Peled was born in [Romania](/source/Romania). He graduated from the [Technion](/source/Technion) with BSc, and MSc in 1967 and 1971 respectively, both degrees in electrical engineering. He did his graduate work at [Princeton University](/source/Princeton_University) in the US on Digital Signal Processing and got his PhD in 1974. From 1967 to 1971 Peled was a technical officer in the [Israeli Army Signal Corps](/source/Israel_Defense_Forces). From 1974 to 1993 Peled worked for [IBM](/source/IBM)'s Research Division in the United States, initially as a research scientist and later in research management, his last position was vice president for systems and software, with management responsibility for all worldwide research and advanced development activities in the [IBM](/source/IBM) Research Division. In December 1991 he was featured in the cover story of the NY Times Sunday business section for his innovative internal start-up on the Power Visualization System.<ref>{{Cite news | url=https://www.nytimes.com/1991/12/08/business/abe-peled-s-secret-start-up-at-ibm.html?pagewanted=all&src=pm | title=Abe Peled's Secret Start-Up at I.B.M| newspaper=The New York Times| date=1991-12-08| last1=Markoff| first1=John}}</ref> From 1993 to 1995 Peled served as senior vice president for business development at Elron in [Israel](/source/Israel), where he started the first Internet ISP, and e-commerce sites in Israel.

Until July 2012, Peled was chairman and chief executive officer of [NDS Group](/source/NDS_Group) Ltd., a provider of technology  for the pay TV industry. He was appointed to this position in 1995 and during his tenure the company has expanded rapidly and grown twenty fivefold to a $1B in sales, achieving an over 35% market share in the global digital technology for pay TV industry; a proportion of this growth, approximately 35% of revenues, has resulted from being [News Corporation](/source/News_Corporation_(1980%E2%80%932013))'s in-house technology provider and the continuing success of that company's pay TV strategy. [NDS](/source/NDS_Group) was a public company listed on NASDAQ: NNDS between November 1999 to February 2009, and was taken private in February 2009 at a $3.6B valuation, and is now jointly owned by [Permira](/source/Permira), the majority shareholder, and [News Corporation](/source/News_Corporation_(1980%E2%80%932013)). In July 2012 [Cisco](/source/Cisco) acquired [NDS Group](/source/NDS_Group) Ltd. for $5B. From July 2012 to January 2014 Peled served as a Senior Vice President Strategy in Cisco's Video and Collaboration Group.
In December 2014 Peled was appointed Chairman of [TeamViewer] by [Permira] who acquired [TeamViewer] for €1B. He led the transformation of [TeamViewer] which grew rapidly from €100M to over €500M and went public on the Frankfurt Stock Exchange at a €5B valuation in September 2019. Peled was appointed chairman of the supervisory board.
In 2018 [Permira] acquired the video assets which included previously acquired [NDS] and named the new company [Synamedia] and Peled was appointed chairman.he resigned that position in June 2021.

Peled is currently deputy chairman of the supervisory board of [TeamViewer], Chairman of [ARMO] an Israeli cybersecurity start-up, Member of the advisory board of BlueVoyant, and a partner in CyberCloud Ventures – an investment company he founded.{{cite needed|date=January 2024}}

==References==
{{Reflist}}

==External links==
*[https://web.archive.org/web/20111005064902/http://website.thejc.com/home.aspx?AId=56556&ATypeId=1&search=true2&srchstr=&srchtxt=0&srchhead=1&srchauthor=0&srchsandp=0&scsrch=0 Abe Peled "The Jewish Chronicle" Article]
*[https://web.archive.org/web/20070928124900/http://www.nds.com/investor_relations/nds_board_bios.html NDS Board Biographies]
*[https://www.facebook.com/profile.php?id=673622891 Facebook Profile]
*[http://www.encyclopedia.com/doc/1G1-53265289.html Traveling the long road to success]
*[https://www.nytimes.com/1991/12/08/business/abe-peled-s-secret-start-up-at-ibm.html?pagewanted=all&src=pm] Abe Peled "Abe Peled Secret start-up at IBM" NY Times Article
* https://www.marketscreener.com/business-leaders/Abraham-Peled-12549/biography/
* https://www.teamviewer.com/en-us/company/supervisory-board/
* https://www.reuters.com/article/us-tech-synamedia-idUSKCN1UP1QP

{{Authority control}}

{{DEFAULTSORT:Peled, Abe}}
Category:Romanian Jews
Category:IBM employees
Category:Israeli businesspeople
Category:Romanian emigrants to Israel
Category:Princeton University alumni
Category:Technion – Israel Institute of Technology alumni
Category:Living people
Category:Year of birth missing (living people)

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Adapted from the Wikipedia article [Abe Peled](https://en.wikipedia.org/wiki/Abe_Peled) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Abe_Peled?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.
