|Traded as||(NASDAQ: CALL)|
|Headquarters||West Palm Beach, Florida, Netanya, Israel|
|Key people||Daniel Borislow, CEO|
|Products||VoIP Solutions Provider|
|Revenue||US$ 119.68 million (2010)|
|Operating income||US$ -2.29 million (2010)|
|Net income||US$ -1.55 million (2010)|
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.[not in citation given] VocalTec continues to be a leading VoIP company,[not in citation given] 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 in 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.
Today VocalTec specializes in providing carrier-class multimedia and voice-over-IP solutions for communication service providers. The company provides the Essentra solution suite that comprises the essential building blocks required to develop a next-generation-network, addressing customers’ specific requirements in trunking, peering and residential/enterprise VoIP application solutions.
VocalTec Internet Phone
VocalTec Internet Phone was a VoIP application released in February 1995. The software was invented by Alon Cohen and Lior Haramaty, the two co-founders of VocalTec Ltd. At the base of the Internet Phone residing the invention of Alon Cohen and Lior Haramaty named the "Audio Transceiver", which managed the dynamic jitter buffer that was critical for achieving adaptive lower possible audio latency along with handling packet loss, packet re-ordering, and receiver transmitter sample rate adjustments. The first implementation of the "Audio Transceiver" was carried out by Elad Sion.
In 1997 VocalTec founded ITXC Corporation a US-based wholesale provider of Internet-based phone calls. The ITXC voice-over-IP network was powered by the VocalTec technology. In 2003 ITXC was acquired by Teleglobe.
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