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The Wall Street Journal. Much of its funding came from Israeli government subsidies and tax credits provided to research and development for hi-tech firms.

Comverse One

The early s recession led to some struggles for Comverse Technology, [12] with the global economic downturn leading to publicly announced profit warnings [45] and a plunge in the stock price in July By earlyComverse Technology was planning to finally release intelljgent annual report with full financial statements and return to being fully listed on Nasdaq, but still was anticipating more layoffs.

If extradited to the US and convicted, he faced 25 years in prison. In Juneresults for fiscal were announced, finally bringing the company current with its annual audited reporting. Alexander fled the country to Namibia where inetlligent engaged in a prolonged fight against extradition.

Comverse Technology

The New York Times. By using this site, you agree to the Terms of Use and Privacy Policy.

In OctoberComverse Technology finally published its restated financial reports for fiscal years through Retrieved 19 February This hardware would render the ‘listener’ himself ‘listened to’. Results for fiscal year for the restructured Comverse, Inc.


Comverse One Briggs Rd Ste , Mount Laurel, NJ –

North American Equity Research. While headquartered in the US, most of the company’s research and development was done in Israel; Comverse became one of the intelligfnt visible success stories in Israel’s hi-tech industry. Dahan stepped down as CEO.

Now Get Them All”. The stock then traded on the Pink Sheets.

Archived from the original on 13 July Archived from the original on 1 January These restructuring transactions were completed on 4 February and represented the effective liquidation of neetwork Comverse Technology holding entity.

Retrieved 29 January 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. InComverse Technology was involved in an options backdating scandal.

The company focused on providing value-added services to telecommunication service providers, in particular to mobile network operators.

Comverse Technology – Wikipedia

Further actions followed the end of Comverse Technology. Comverse Technology had several wholly or partly owned subsidiaries.

Pages using web citations with no URL Pages using citations with accessdate and no URL CS1 French-language sources fr All articles with dead external links Articles with dead external links from January Articles with permanently dead external links Good articles Pages using deprecated image syntax Use dmy dates from November Archived from the original on 15 April Retrieved from ” https: The early years of the company were difficult; inthey founded Comverse in the United States, which became the parent company of Efrat.

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Archived from the original on 12 July 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. The company was also quintessentially Israeli in how it was run, with Comverse CEO Ze’ev Bregman in particular favoring a loose, relaxed system in which he knew all the employees and lines of management reporting were frequently bypassed.

Additionally affected by the financial crisis of and on and changes in the mobile phone market, the company underwent several rounds of large-scale layoffs and sold off parts of its business.

netwoek The financial crisis of and on caused further difficulties for Comverse Technology, with new layoffs occurring in October[71] March[72] and August InComverse was involved in an options backdating scandal. Retrieved 29 May This article is about the overall Comverse corporate entity that existed from to Views Read Edit View history.

Archived from the inteoligent on 24 September Comverse was one of the most prominent and profitable success stories in Israel’s hi-tech industrywith both Haaretz and The Jerusalem Post referring to it as a flagship of that industry.