VocalTec, a provider of carrier-class multimedia and voice-over-IP solutions, announced that it has acquired substantially all of the assets of Outsmart, a provider of telecommunications convergence solutions.
The Outsmart assets acquired by VocalTec included Outsmart’s technology and intellectual property, as well as its primary customer and partner contracts. The company says the engagement by VocalTec of certain Outsmart personnel “is intended to enable the continued development and support and an uninterrupted transition to all Outsmart customers and partners.”
VocalTec provides trunking, peering and residential/enterprise VoIP application solutions that enable deployment of next-generation networks.
Outsmart is a mobile solutions provider of convergence technologies. Its flagship product, the Plug ‘n Talk solution allows mobile operators to reach out across national borders to tap into new user segments.
Based on its Smart Convergence Platform, Outsmart enables operators to converge between mobile and VoIP.
According to VocalTec, Outsmart’s mobile VoIP and Intelligent Network products are a strategic addition to VocalTec’s existing portfolio of VoIP solutions. The combined portfolio positions VocalTec as a provider of VoIP solution and applications to both fixed line and mobile service providers.
"Fixed & Mobile carriers are repeatedly forced to lower their rates. The competitive field is becoming so crowded that the only solution they have is to “go IP” in order to lower their cost. VocalTec is a dominant player providing VoIP end-to-end solutions to service providers," said Ilan Rosen, Chairman of the Board of Directors at VocalTec.
Jacob Bros, CEO of Outsmart, claims VoIP technology will play a major role in revolution in providing cross-geography services. “And as such teaming up with VocalTec will position the technology of Outsmart in the forefront of the industry," he said.