magicJack Vocaltec

Company Overview

Snapshot

Founded in March 1989, magicJack Vocaltec operated with 11–50 employees. The company was acquired by B. Riley Financial in March 2018, leading to its inactive status.

Business overview

magicJack Vocaltec specializes in Voice over IP (VoIP) technology, owning significant wireline-based telecom infrastructure in the United States. The company develops proprietary softphone, softswitch, session border controller, app server, and chip technologies. This integrated approach allows magicJack Vocaltec to offer cost-effective and high-quality communication services globally, serving markets through its own wireless telecom networks and partnerships with cable and phone companies connected to the internet. Its core products include magicJackGO, magicApp, and magicJackEXPRESS, operating within the telecommunication and mobile applications sectors.

Company Intelligence Q&A

When was magicJack Vocaltec acquired?

magicJack Vocaltec was acquired by B. Riley Financial in March 2018.

What is the current status of magicJack Vocaltec?

magicJack Vocaltec is currently inactive, following its acquisition by B. Riley Financial in March 2018.

When did magicJack Vocaltec delist from NASDAQ?

magicJack Vocaltec delisted from NASDAQ in September 2019 due to its closing.

When did VocalTec shares return to the Nasdaq National Market?

VocalTec shares returned to the Nasdaq National Market in July 2003.

What was a significant event for VocalTec in July 2010?

In July 2010, VocalTec experienced a 150% surge in its stock price following its merger with YMAX.