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Comverse
Comverse Technology, Inc., often referred to as simply Comverse, was a technology company located in Woodbury, Nassau County, New York, Woodbury, New York in the United States, that developed and marketed telecommunications software. The company focused on providing value-added services to telecommunication service providers, in particular to mobile network operators. Comverse Technology had several wholly or partly owned subsidiaries. The name "Comverse" is a fusion of the words "communication" and "versatility". Founded in 1982, the company went public on the Nasdaq Stock Market in 1986. Led by co-founder and CEO Kobi Alexander, Jacob "Kobi" Alexander, the company originally specialized in centralized hardware/software systems for voice and fax messaging and sold them to telecommunications companies and other large enterprises. Much of its funding came from Israeli government subsidies and tax credits provided to research and development for hi-tech firms. By the mid-1990s, o ...
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Comverse Technology Building In Tel Aviv
Comverse Technology, Inc., often referred to as simply Comverse, was a technology company located in Woodbury, New York in the United States, that developed and marketed telecommunications software. The company focused on providing value-added services to telecommunication service providers, in particular to mobile network operators. Comverse Technology had several wholly or partly owned subsidiaries. The name "Comverse" is a fusion of the words "communication" and "versatility". Founded in 1982, the company went public on the Nasdaq Stock Market in 1986. Led by co-founder and CEO Jacob "Kobi" Alexander, the company originally specialized in centralized hardware/software systems for voice and fax messaging and sold them to telecommunications companies and other large enterprises. Much of its funding came from Israeli government subsidies and tax credits provided to research and development for hi-tech firms. By the mid-1990s, one of its most successful products allowed legal ...
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Xura
Xura, Inc. (NASDAQ: MESG), previously known as Comverse, Inc., was a technology company headquartered in Wakefield, Massachusetts, United States, in existence from 2013 to 2017, that offered a portfolio of digital services which enabled global communications across a variety of mobile devices and platforms. Xura marketed and sold to communications service providers (CSPs) and to enterprises. History Subsidiary of Comverse Technology For many years, Comverse, also known as Comverse Network Systems, was part of the more widely known Comverse Technology, which had several wholly or partly owned subsidiaries. The name "Comverse" is a portmanteau of the words "communication" and "versatility". As a U.S. subsidiary, Comverse was incorporated on November 19, 1997, as part of the larger Comverse Technology. In August 2012, a series of transactions were announced that would end Comverse Technology as a functioning entity, by making Comverse Network Systems an independent company once a ...
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Verint Systems
Verint Systems is a Melville, New York-based analytics company which was founded in 2002. The company sells software and hardware products for customer engagement management and business intelligence. Their products are designed to assist clients in data analysis, specifically large data sets. In 2021, Verint has 9,800+ clients in more than 175 countries, and has 4,300+ employees in various locations internationally. The company was previously a majority-owned subsidiary of Comverse Technology and it was formerly known as Comverse Infosys. As with Comverse, approximately half of Verint's employees have been located in Israel."Verint to raise $75m. in ...
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Kobi Alexander
Jacob "Kobi" Alexander (; born May 4, 1952) is an Israeli-American businessman. He is the founder and the former CEO of New York-based Comverse Technology. In 2006, he was charged with multiple counts of fraud and related offenses pertaining to irregularities in trading of Comverse stock; he subsequently fled to Namibia, a nation which has no extradition treaty with the US. Education Alexander earned degrees in economics from Hebrew University in Jerusalem and finance from New York University. Career A major breakthrough came when Alexander convinced Swiss telecom giant Ascom to invest US$6 million in the company in the mid 1980s, providing Comverse the capital it needed at that time. In 1986, Alexander was able to take Comverse public on the NASDAQ. Alexander also formerly owned 25% of the Israeli basketball team Maccabi Tel Aviv B.C. Awards and accomplishments In addition to Comverse Technology, Alexander spun off and took public several other companies including Ultico ...
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Voicemail
A voicemail system (also known as voice message or voice bank) is a computer-based system that allows users and subscribers to exchange personal voice messages; to select and deliver voice information; and to process transactions relating to individuals, organizations, products, and services, using an ordinary phone. The term is also used more broadly to denote any system of conveying a stored telecommunications voice messages, including using an answering machine. Most cell phone services offer voicemail as a basic feature; many corporate private branch exchanges include versatile internal voice-messaging services, and *98 vertical service code subscription is available to most individual and small business landline subscribers (in the US). History The term ''Voicemail'' was coined by Televoice International (later Voicemail International, or VMI) for their introduction of the first US-wide Voicemail service in 1980. Although VMI trademarked the term, it eventually became a gen ...
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Mavenir
HRMavenir Systems, Inc. dba Mavenir is an American telecommunications software company, created in 2017 as a result of a three-way merger of existing companies and technologies, that develops and supplies cloud-native software to the communications service provider (CSP) market. The company is headquartered in Richardson, Texas. Mavenir’s 2019 turnover was US$427.4 million. The company had 4,100 employees and more than 250 telecoms service provider customers at the end of 2020. History Predecessor companies Mavenir has a complex corporate history as a result of successive acquisitions and spin-offs. The main historical predecessors are: * Xura, which was composed of pieces of Comverse, Inc., Acision, and a number of other acquired companies. Comverse, Inc derived from Comverse Technology, was active in traditional value-added services (VAS), digital cloud services, Unified Communications (VoIP & UC), and a suite of evolved communication services. Acision was a privately ...
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Boaz Misholi
Boaz Misholi () (born November 11, 1951) is one of the pioneers of high-tech in Israel. He was a co-founder of Comverse, Verint Systems, Telemesser, DSP, Fundtech, Versamed and others, companies which paved the way for the establishment of many other Israeli technology ventures. Biography Boaz Misholi was born and raised in Ramat Gan, where he attended Ort Singalovski high school. In the Israel Defense Forces he served in the Paratroopers Brigade of the Nahal. He studied Computer Engineering at the Technion in Haifa, from which he graduated with honors. As a graduate student, he served as a teaching assistant at the Technion's Faculty of Electrical Engineering. Business career In 1972, Misholi joined Shamoa Electronics and was part of a team that developed the first commercial computer manufactured in Israel and marketed worldwide. From 1975 to 1978, he opened a consulting firm that advised on the use of microprocessors. In 1978, he was invite dto Stamford, Connecticut to o ...
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Amdocs
Amdocs ( he, אמדוקס) is a multinational corporation that was founded in Israel and currently headquartered in Chesterfield, Missouri, with support and development centers located worldwide. The company specializes in software and services for communications, media and financial services providers and digital enterprises. History The company was founded in 1982 in Israel as an offshoot of Golden Pages, the Israeli phone directory company, which was owned by the Aurec Group headed by Morris Kahn. In 1982, Boaz Dotan became Amdocs' first President and CEO. Together with others at Golden Pages, Kahn developed a billing software program for phone directory companies and with Boaz Dotan established a company called Aurec Information & Directory Systems to market this product. In 1985, Southwestern Bell Corporation acquired a 50 percent ownership share of Aurec Information & Directory Systems, and its name was changed to Amdocs. Within two years, the Aurec Group sold off all ...
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Wakefield, Massachusetts
Wakefield is a town in Middlesex County, Massachusetts in the Greater Boston metropolitan area, incorporated in 1812 and located about north-northwest of Downtown Boston. Wakefield's population was 27,090 at the 2020 census. Wakefield offers an assortment of activities around the local lake, Lake Quannapowitt. History Wakefield was first settled in 1638 and was originally known as Lynn Village. It officially separated from Lynn and incorporated as Reading in 1644 when the first church (First Parish Congregational Church) and the first mill were established. This first corn mill was built on the Mill River on Water Street, and later small saw mills were built on the Mill River and the Saugus River. Thomas Parker (1609–1683) was one of the founders of Reading, and his home was in what is now downtown Wakefield (on the east side of Crescent Street where it intersects Princess Street). He also was a founder of the 12th Congregational Church (now the First Parish Congregation ...
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Science And Technology In Israel
Science and technology in Israel is one of the country's most developed sectors. Israel spent 4.3% of its gross domestic product (GDP) on civil research and development in 2015, the highest ratio in the world. In 2019, Israel was ranked the world's fifth most innovative country by the Bloomberg Innovation Index. It ranks thirteenth in the world for scientific output as measured by the number of scientific publications per million citizens. In 2014, Israel's share of scientific articles published worldwide (0.9%) was nine times higher than its share of the global population (0.1%). Israel counts 140 scientists and technicians per 10,000 employees, one of the highest ratios in the world. In comparison, there are 85 per 10,000 in the United States and 83 per 10,000 in Japan. In 2012, Israel counted 8,337 full-time equivalent researchers per million inhabitants. This compares with 3,984 in the US, 6,533 in the Republic of South Korea and 5,195 in Japan. Israel's high technology indu ...
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Options Backdating
In finance, options backdating is the practice of altering the date a stock option was granted, to a usually earlier (but sometimes later) date at which the underlying stock price was lower. This is a way of repricing options to make them more valuable when the option "strike price" (the fixed price at which the owner of the option can purchase stock) is fixed to the stock price at the date the option was granted. Cases of backdating employee stock options have drawn public and media attention. Stock options are often granted to the upper management of a corporation. While options backdating is not always illegal, it has been called "cheating the corporation in order to give the CEO more money than was authorized." According to a study by Erik Lie, a finance professor at the University of Iowa, more than 2,000 companies used options backdating in some form to reward their senior executives between 1996 and 2002. In an "uncanny number of cases," the "companies granted stock optio ...
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Mobile Advertising
Mobile advertising is a form of advertising via mobile (wireless) phones or other mobile devices. It is a subset of mobile marketing, mobile advertising can take place as text ads via SMS, or banner advertisements that appear embedded in a mobile web site. It is estimated that U.S. mobile app-installed ads accounted for 30% of all mobile advertising revenue in 2014, and will top $4.6 billion in 2016, and over $6.8 billion by the end of 2019. Other ways mobile advertising can be purchased include working with a Mobile Demand Side Platform, in which ad impressions are bought in real-time on an Ad exchange. Another report has indicated that worldwide mobile digital advertising spend would reach $185 billion in 2018, $217 billion in 2019 and $247 billion in 2020. Overview Some see mobile advertising as closely related to online or internet advertising, though its reach is far greater — currently, most mobile advertising is targeted at mobile phones, that came at an estimated g ...
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