ECI Telecom


ECI Telecom Ltd is an Israel-based manufacturer of telecommunications equipment that provides packet optical transport products, SDN/NFV applications, a cybersecurity solution and a range of professional services.

History

The Electronics Corporation of Israel was founded in 1961. It specialized in telephone 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 in 1982. Since that time, ECI has undergone a number of mergers and acquisitions, most recently 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 announced that it has entered into an agreement to acquire ECI Telecom, through a merger, for $486m.
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 worldwide.
The focus is on providing end-to-end solutions for multi-play services, business services, voice services, cellular backhaul, utelco and network security.
Facebook in its phase five has given worldwide 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, China, and Israel.

Former holdings and spin-offs