ECI Telecom Ltd is an
Israel
Israel, officially the State of Israel, is a country in West Asia. It Borders of Israel, shares borders with Lebanon to the north, Syria to the north-east, Jordan to the east, Egypt to the south-west, and the Mediterranean Sea to the west. Isr ...
-based manufacturer of telecommunications equipment that provides packet optical transport products,
software-defined networking applications,
cybersecurity
Computer security (also cybersecurity, digital security, or information technology (IT) security) is a subdiscipline within the field of information security. It consists of the protection of computer software, systems and networks from thr ...
and professional services.
History
The Electronics Corporation of Israel (ECI) was founded in 1961. It specialized in
telephone
A telephone, colloquially referred to as a phone, is a telecommunications device that enables two or more users to conduct a conversation when they are too far apart to be easily heard directly. A telephone converts sound, typically and most ...
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
The Nasdaq Stock Market (; National Association of Securities Dealers Automated Quotations) is an American stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and ranked second on the list ...
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.
In November 2019,
Ribbon Communications agreed to acquire ECI Telecom, through a merger, for $486 million.
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.
ECI has over 3,000 employees with offices in over 20 countries and development centers in
India
India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...
,
China
China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...
, and
Israel
Israel, officially the State of Israel, is a country in West Asia. It Borders of Israel, shares borders with Lebanon to the north, Syria to the north-east, Jordan to the east, Egypt to the south-west, and the Mediterranean Sea to the west. Isr ...
.
Former holdings and spin-offs
*
ECtel - provider of
revenue assurance software sold to
cVidya in 2010.
* Veraz Networks - provider of
Softswitch technology merged with NexVerse Networks to form a new company called Veraz Networks in 2002.
* InnoWave ECI Wireless Systems Ltd - sold to
Alvarion in 2003
*
Celtro communication Ltd - provider of
cellular network
A cellular network or mobile network is a telecommunications network where the link to and from end nodes is wireless network, wireless and the network is distributed over land areas called ''cells'', each served by at least one fixed-locatio ...
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.
See also
*
Economy of Israel
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with ...
References
External links
Company websiteAcquisition of the company in 2007ECI Telecom history
{{DEFAULTSORT:Eci Telecom
Technology companies established in 1961
Manufacturing companies of Israel
Telecommunications equipment vendors
Telecommunications companies of Israel
Companies based in Petah Tikva
2007 mergers and acquisitions