VocalTec Communications Inc. , is an Israeli telecom equipment provider. The company was founded in 1989 by Alon Cohen and Lior Haramaty, who invented and patented the first Voice over IP audio transceiver. VocalTec continues to be a leading VoIP company, with major customers such as Deutsche Telekom, Telecom Italia and many others. VocalTec released the first ever Internet VoIP program in February 1995. The company had an IPO on the NASDAQ during 1996 and in 1997 Europe's largest telecommunications company, Deutsche Telekom, bought a 21.1 percent stake in VocalTec for $48.3 million, in... addition to purchasing $30 million in telephony products, services, and support over the following two-and-a-half years. During the Dot-com bubble the company’s share peaked at a price of $3363 per share on March 3, 2000 . In 2005, completed a business combination with Tdsoft, a provider of VoIP Gateways. Today VocalTec specializes in providing carrier-class multimedia and voice-over-IP solutions for communication service providers.
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| NASDAQ symbol: | VOCL |
| Founded: | 1989 |
| Founders: | Alon Cohen |
| Headquarters: | Herzliya, Israel |
| Annual revenue: | $6,110,000 |
| Net income: | $3,710,000 |
| Operating income: | $3,690,000 |
| Market cap: | $6,300,000 |
| Industries: | Voice over IP, Telecommunications |