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{{Short description|Company in Petah Tikva, Israel}}
{{linkrot|date=August 2018}}
{{Infobox company
{{Infobox company
| name =
| name =
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| key_people =
| key_people =
| industry = Networking Hardware
| industry = Networking Hardware
| products = Transport, Carrier Ethernet, SDN/NFV Solutions, Network Management Systems, Services
| products = Transport, Carrier Ethernet, SDN/NFV, Network Management Systems, Services
| Key_people =
| Key_people =
| services =
| services =
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}}
}}


'''ECI Telecom Ltd''' is an [[Israel]]-based manufacturer of telecommunications equipment that provides packet optical transport products, [[Software-defined networking|SDN/NFV]] applications, a [[cybersecurity]] solution and a range of professional services.
'''ECI Telecom Ltd''' is an [[Israel]]-based manufacturer of telecommunications equipment that provides packet optical transport products, [[software-defined networking]] applications, [[cybersecurity]] and professional services.


== History ==
== History ==
The Electronics Corporation of Israel (ECI) was founded in 1961. It specialized in telephone transmission products that manipulated the signals carried on telephone lines. The Electronics Corporation of Israel became ECI Telecom in 1981, and had its first trading on [[NASDAQ]] in 1982. Since that time, ECI has undergone a number of mergers and acquisitions, most recently an acquisition in 2007 by the [[Swarth Group]] and the Ashmore Group, private equity firms, making ECI a private company once again.<ref>{{Citation
The Electronics Corporation of Israel (ECI) was founded in 1961. It specialized in [[telephone]] transmission products that manipulated the signals carried on telephone lines. The Electronics Corporation of Israel became ECI Telecom in 1981, and had its first trading on [[NASDAQ]] in 1982. Since that time, ECI has undergone a number of mergers and acquisitions. An acquisition in 2007 by the [[Swarth Group]] and the Ashmore Group, private equity firms, making ECI a private company once again.<ref>{{Citation
| title = ECI Telecom Ltd Completes Acquisition by Private Equity Group
| title = ECI Telecom Ltd Completes Acquisition by Private Equity Group
| url = http://www.ecitele.com/News/Pages/September282007.aspx
| url = http://www.ecitele.com/News/Pages/September282007.aspx
| accessdate = 2009-10-06
| accessdate = 2009-10-06
| archive-url = https://web.archive.org/web/20080625054529/http://www.ecitele.com/News/Pages/September282007.aspx
⚫
}}</ref>
| archive-date = 2008-06-25
| url-status = dead
⚫
}}</ref>


In November 2019, [[Ribbon Communications]] agreed to acquire ECI Telecom, through a merger, for $486 million.<ref>{{Citation
⚫
ECI serves carriers and service providers in various sectors: cable/[[Multiple system operator|multiple system operators]], [[Wireless|wireless/cellular]] service providers, utilities, carrier of carriers, data centers, government and defense entities worldwide.
| title = Ribbon Communications to buy ECI Telecom for $486m
⚫
The focus is on providing [[end-to-end principle|end-to-end]] solutions for [[multi-play]] services, business services, [[voice service]]s, [[cellular backhaul]], [[utelco]] and [[network security]].
| url = https://en.globes.co.il/en/article-ribbon-communications-to-buy-eci-telecom-for-486m-1001307363
| journal = [[Globes (newspaper)|Globes]]
| date= 14 November 2019}}</ref>


⚫
ECI serves carriers and service providers in various sectors: cable/[[multiple system operator]]s, [[Wireless|wireless/cellular]] service providers, utilities, carrier of carriers, data centers, government and defense entities..
⚫
ECI has over 3,000 employees with offices in over 20 countries and development centers in [[India]], [[China]], and [[Israel]].
⚫
It markets [[multi-play]] services, business services, [[voice service]]s, [[cellular backhaul]], [[utelco]] and [[network security]].


Facebook in its phase five has given transport core network deployment to Ciena and worldwide metro packet network deployment to ECI telecom which will be completed by 2022.{{cn|date=August 2021}}

⚫
ECI has over 3,000 employees with offices in over 20 countries and development centers in [[India]], [[China]], and [[Israel]].


== Former holdings and spin-offs ==
== Former holdings and spin-offs ==


* [[ECtel]] - provider of [[Revenue assurance]] solution sold to [[cVidya]] in 2010.<ref>http://www.billingworld.com/news/2010/01/cvidya-wraps-ectel-acquisition.aspx</ref><ref>{{cite web|url=http://www.vanillaplus.com/news/integrated_revenue_intelligence_solutions_iris_suite_launched_by_cvidya|title=Integrated Revenue Intelligence Solutions (IRIS®) suite launched by cVidya - VanillaPlus - The global voice of Telecoms IT|date=15 March 2010|publisher=}}</ref>
* [[ECtel]] - provider of [[revenue assurance]] software sold to [[cVidya]] in 2010.<ref>{{cite web|url=http://www.vanillaplus.com/news/integrated_revenue_intelligence_solutions_iris_suite_launched_by_cvidya|title=Integrated Revenue Intelligence Solutions (IRIS) suite launched by cVidya - VanillaPlus - The global voice of Telecoms IT|date=15 March 2010|publisher=}}</ref>
* [[Veraz Networks]] - provider of [[Softswitch]] solutions merged with NexVerse Networks to form a new company called Veraz Networks in 2002.<ref name=Laing>{{Citation
* Veraz Networks - provider of [[Softswitch]] technology merged with NexVerse Networks to form a new company called Veraz Networks in 2002.<ref name=Laing>{{Citation
| title = ECI subsidiary NGTS to merge with US company Dialogic Corporation |url=http://www.encyclopedia.com/doc/1P1-69279280.html
| title = ECI subsidiary NGTS to merge with US company Dialogic Corporation |url=http://www.encyclopedia.com/doc/1P1-69279280.html
| author = Laing, Yehezkel
| author = Laing, Yehezkel
| journal = Jerusalem Post - November 1, 2002 -
| journal = Jerusalem Post
| date=November 1, 2002
| accessdate = 2009-11-11
| accessdate = 2009-11-11
}}</ref>
}}</ref>
* InnoWave ECI Wireless Systems Ltd - sold to [[Alvarion]] in 2003<ref>{{cite web|title=Alvarion Closes Acquisition Of InnoWave, ECI's Fixed Wireless Subsidiary|url=http://www.alvarion.com/index.php/en/news-a-events/global-press-releases/931-alvarion-closes-acquisition-of-innowave-ecis-fixed-wireless-subsidiary}}</ref>
* InnoWave ECI Wireless Systems Ltd - sold to [[Alvarion]] in 2003<ref>{{cite web|title=Alvarion Closes Acquisition Of InnoWave, ECI's Fixed Wireless Subsidiary|url=http://www.alvarion.com/index.php/en/news-a-events/global-press-releases/931-alvarion-closes-acquisition-of-innowave-ecis-fixed-wireless-subsidiary|access-date=2011-10-02|archive-url=https://web.archive.org/web/20120421061457/http://www.alvarion.com/index.php/en/news-a-events/global-press-releases/931-alvarion-closes-acquisition-of-innowave-ecis-fixed-wireless-subsidiary|archive-date=2012-04-21|url-status=dead}}</ref>
* [[Celtro communication Ltd]] - provider of [[Cellular network]] [[Backhaul (telecommunications)]] optimization and compression [[solution]]s, worked as an independent business unit within the NGTS division was spun off to a privet investor group led by the Momentum Venture Management fund in 2003.<ref>{{cite web|url=http://www.globes.co.il/en/article-1000585552|title=ECI spin-off Celtro raises $2.7m - Globes|website=Globes}}</ref><ref>{{cite web|url=http://www.businesswire.com/news/home/20030910005425/en/ECI-Telecom-Momentum-Management-Announce-Spin-Off-Celtro#.U4yUF3KSzNs|title=ECI Telecom and Momentum Management Announce Spin-Off of Celtro Inc.|publisher=}}</ref><ref>{{cite web|url=http://www.haaretz.com/print-edition/business/cellular-infrastructure-firm-celtro-spins-off-from-eci-1.100002|title=Cellular Infrastructure Firm Celtro Spins Off From ECI|date=12 September 2003|publisher=|via=Haaretz}}</ref>
* [[Celtro communication Ltd]] - provider of [[cellular network]] [[Backhaul (telecommunications)]] optimization and compression technology, worked as an independent business unit within the NGTS division was spun off to a private investor group led by the Momentum Venture Management fund in 2003.<ref>{{cite web|url=http://www.globes.co.il/en/article-1000585552|title=ECI spin-off Celtro raises $2.7m - Globes|website=Globes}}</ref><ref>{{cite web|url=http://www.businesswire.com/news/home/20030910005425/en/ECI-Telecom-Momentum-Management-Announce-Spin-Off-Celtro#.U4yUF3KSzNs|title=ECI Telecom and Momentum Management Announce Spin-Off of Celtro Inc.|publisher=}}</ref><ref>{{cite web|url=http://www.haaretz.com/print-edition/business/cellular-infrastructure-firm-celtro-spins-off-from-eci-1.100002|title=Cellular Infrastructure Firm Celtro Spins Off From ECI|date=12 September 2003|publisher=|via=Haaretz}}</ref>

==See also==
==See also==
*[[Economy of Israel]]
*[[Economy of Israel]]


==References==
==References==
{{reflist}}
{{Reflist}}


==External links==
==External links==
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*[http://www.ecitele.com/News/Pages/July22007.aspx Acquisition of the company in 2007]
*[http://www.ecitele.com/News/Pages/July22007.aspx Acquisition of the company in 2007]
*[http://www.ecitele.com/AboutECI/OurHistory/Pages/default.aspx ECI Telecom history]
*[http://www.ecitele.com/AboutECI/OurHistory/Pages/default.aspx ECI Telecom history]

{{Authority control}}


{{DEFAULTSORT:Eci Telecom}}
{{DEFAULTSORT:Eci Telecom}}
[[Category:Companies established in 1961]]
[[Category:Technology companies established in 1961]]
[[Category:Manufacturing companies of Israel]]
[[Category:Manufacturing companies of Israel]]
[[Category:Telecommunications equipment vendors]]
[[Category:Telecommunications equipment vendors]]
[[Category:Telecommunications companies of Israel]]
[[Category:Telecommunications companies of Israel]]
[[Category:Companies based in Petah Tikva]]
[[Category:Companies based in Petah Tikva]]
[[Category:2007 mergers and acquisitions]]

Latest revision as of 20:40, 30 November 2024

ECI Telecom
Company typePrivate
IndustryNetworking Hardware
Founded1961; 63 years ago (1961)
Headquarters
Petah Tikva
,
Israel
ProductsTransport, Carrier Ethernet, SDN/NFV, Network Management Systems, Services
Websitehttp://www.ecitele.com

ECI Telecom Ltd is an Israel-based manufacturer of telecommunications equipment that provides packet optical transport products, software-defined networking applications, cybersecurity and professional services.

History

[edit]

The Electronics Corporation of Israel (ECI) was founded in 1961. It specialized in telephone transmission products that manipulated the signals carried on telephone lines. The Electronics Corporation of Israel became ECI Telecom in 1981, and had its first trading on NASDAQ in 1982. Since that time, ECI has undergone a number of mergers and acquisitions. An acquisition in 2007 by the Swarth Group and the Ashmore Group, private equity firms, making ECI a private company once again.[1]

In November 2019, Ribbon Communications agreed to acquire ECI Telecom, through a merger, for $486 million.[2]

ECI serves carriers and service providers in various sectors: cable/multiple system operators, wireless/cellular service providers, utilities, carrier of carriers, data centers, government and defense entities.. It markets multi-play services, business services, voice services, cellular backhaul, utelco and network security.

Facebook in its phase five has given transport core network deployment to Ciena and worldwide metro packet network deployment to ECI telecom which will be completed by 2022.[citation needed]

ECI has over 3,000 employees with offices in over 20 countries and development centers in India, China, and Israel.

Former holdings and spin-offs

[edit]

See also

[edit]

References

[edit]
  1. ^ ECI Telecom Ltd Completes Acquisition by Private Equity Group, archived from the original on 2008-06-25, retrieved 2009-10-06
  2. ^ "Ribbon Communications to buy ECI Telecom for $486m", Globes, 14 November 2019
  3. ^ "Integrated Revenue Intelligence Solutions (IRIS) suite launched by cVidya - VanillaPlus - The global voice of Telecoms IT". 15 March 2010.
  4. ^ Laing, Yehezkel (November 1, 2002), "ECI subsidiary NGTS to merge with US company Dialogic Corporation", Jerusalem Post, retrieved 2009-11-11
  5. ^ "Alvarion Closes Acquisition Of InnoWave, ECI's Fixed Wireless Subsidiary". Archived from the original on 2012-04-21. Retrieved 2011-10-02.
  6. ^ "ECI spin-off Celtro raises $2.7m - Globes". Globes.
  7. ^ "ECI Telecom and Momentum Management Announce Spin-Off of Celtro Inc".
  8. ^ "Cellular Infrastructure Firm Celtro Spins Off From ECI". 12 September 2003 – via Haaretz.
[edit]
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