VocalTec Communications Ltd.a global provider of carrier-class multimedia and
voice-over-IP solutions for communication service providers, today
announced that it has acquired substantially all of the assets of
Outsmart, a pioneer and provider of telecommunications convergence
The Outsmart assets
acquired by VocalTec included Outsmart’s technology and intellectual
property, as well as its primary customer and partner contracts. The
engagement by VocalTec of certain Outsmart personnel is intended to
enable the continued development and support and an uninterrupted
transition to all Outsmart customers and partners.
Outsmart’s mobile VoIP and Intelligent Network products are a strategic
addition to VocalTec’s existing portfolio of VoIP solutions. The
combined portfolio positions VocalTec as a provider of VoIP solution
and applications to both fixed line and mobile service providers.
"Fixed & Mobile carriers are repeatedly forced to lower their
rates. The competitive field is becoming so crowded that the only
solution they have is to “go IP” in order to lower their cost. VocalTec
is a dominant player providing VoIP end-to-end solutions to service
providers," said Ilan Rosen, Chairman of the Board of Directors at
VocalTec. "The acquisition of Outsmart will enable VocalTec to get a
strong foothold in the Value Added Services area for the service
providers, hence accelerate the growth of its business."
"Outsmart’ products have been recognized by Tier-1 mobile service
providers as most innovative and leading the upcoming – unavoidable –
revolution in providing cross-geography services," said Jacob Bros, CEO
of Outsmart. "VoIP technology will play a major role in this paradigm
shift and as such teaming up with VocalTec will position the technology
of Outsmart in the forefront of the industry."
"We are excited about this acquisition, which allows us to better
address the requirements of mobile service providers and is aligned
directly with our strategy. Mobile service providers are looking for
innovative services that combine VoIP and IN based services so that
they are better positioned, given the new competition they face from
Skype® and other cross-geography services,” said Ido Gur,
President and CEO of VocalTec. “Acquiring Outsmart’s assets is a
natural step forward that will enable VocalTec to better position
itself in the mobile and converged Telecom market.” He continued, “We
are committed to Outsmart’s technology and believe that the synergies
between our respective solutions will enable us to expand our offering
and better serve both Outsmart’s and VocalTec’s customers. We are
pleased to welcome Outsmart’s employees to the VocalTec team."