NEC drops $300mil on NetCracker

Some huge names finally see the attraction of VoIP. On June 27, 2008, NetCracker announced they had been acquired by NEC for 300 million dollars. NetCracker, based out of Massachusetts, provides technology to service providers to assist in telecommunications deployment (ie Triple Play services).

Some big names call on NetCracker for assistance, such as Sprint, france telecom, Time Warner, and more. NEC expects to earn over 1 billion dollars in new sales over the next 5 years from this investment.

This entry was posted in tech, VoIP and tagged , , by Fred. Bookmark the permalink.

About Fred

The reason this site exists can be found in two words... Patrick and Fred. Fred Posner designs and implements VoIP solutions through Team Forrest and LOD.com. Favoring Open Source solutions (such as Asterisk, FreeSWITCH, and Kamailio), Fred enjoys working with organizations to increase productivity while reducing cost. If you’d like to contact Fred, please do so through QXORK.com. You should also check out Dream Day Cakes.

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