COMVERSE INTELLIGENT NETWORK PDF
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This article is about the overall Comverse corporate entity that existed from to In Decembera Fox News report raised the concern that wiretapping equipment provided by Comverse Infosys to the U.
Views Read Edit View history. InComverse was involved in an netwkrk backdating scandal. Archived from the original on 15 April Under his lead, Alexander was credited with turning around Comverse’s fortunes. Founded inthe company went public on the Netwoek Stock Market in The stock then traded on the Pink Sheets. By the company began a turnaround. Burdick last CEO and Chairman.
The company’s origins date to orsources differwhen three Israelis, aspiring investment banker Jacob “Kobi” Alexander of Shearson Loeb Rhoadesengineer Boaz Misholi, and Alexander brother-in-law and Columbia University computer science professor Yechiam Yemini, got together and founded an Israeli start-up company, Efrat Future Technologies Ltd. By then, Alexander had already fled the country and was classified a wanted fugitive in August by the US Federal Bureau of Investigation.
Dahan stepped down as CEO.
Comverse Technology
By using this site, networkk agree to the Terms of Use and Privacy Policy. North American Equity Research. This page was last edited on 16 Septemberat Of the other two executives, William Sorin pleaded guilty to criminal charges and was sentenced to a year in prison in By the mids, one of its most successful products allowed legal authorities and intelligence agencies to record and store data collected from intercepted communications.
Binational Industrial Research and Development Foundation. Retrieved 25 February The scandal proved difficult for Comverse Technology to recover from.
While headquartered in the U.
The two independent companies that carried on its most well-known product lines were a newly independent Comverse and Verint Systems. If extradited to the US and convicted, he faced 25 years in prison.
Comverse One Briggs Rd Ste , Mount Laurel, NJ –
On 27 Septemberhe was arrested in Namibia after hiding in Windhoek with his family, where he had bought a house at a country club. Retrieved 29 January This hardware would render the ‘listener’ himself ‘listened to’. Now Get Them All”. comversw
While headquartered in the US, most of the intelllgent research and development was done in Israel; Comverse became one of the more visible success stories in Israel’s hi-tech industry. The Wall Street Journal. Alexander fled the country to Namibia where he engaged in a prolonged fight against extradition. Retrieved 31 December The New York Times.
The early years of the company were difficult; inthey founded Comverse in the United States, which became the parent company of Efrat. By earlyComverse Technology was planning to finally release an annual report with full financial statements and return to being fully listed on Nasdaq, but still was anticipating more layoffs.
Because of the accounting issues from the option backdating, Comverse Technology was unable to file full or timely financial reports with the SEC. Comverse was one of the most prominent and profitable success stories in Israel’s hi-tech industrywith both Haaretz and The Ckmverse Post referring to it as a flagship of that industry.
Comverse Intelligent Networks
Results for fiscal year for the restructured Comverse, Inc. Comverse also became a participant in forming international wireless standards, such as in for the Speech Application Language Tags SALT markup language for XML to add voice capabilities to web-based applications. Morgan and Barclays said that with its accounting problems largely behind it, some restructuring done, and an improving cash balance and some revenue growth, Comverse Technology was well-positioned for ongoing operations or a possible sale.
