News Release
For Immediate Release
Tel Aviv, 3rdAugust 2017
Management Buyout of World's Leading IP Communications Enabler
New owner of award-winning IP Communications enabling technologies vendor Softil, previously known as the RADVISION Technology Business Unit, believes communications solutions developers will benefit greatly from an agile and innovative partner
A new dynamic era aimed at better customer interaction has begun for Spirent's Developer Tool Business Unit in Tel Aviv (Formerly RADVISION Technology Business Unit) following today's announcement of a management buyout by Pierre Hagendorf, previously general manager of the business unit.
The new name of the business isSoftiland it begins the new journey with more than 800 corporate customers world-wide. The transaction included also Spirent's two device intelligence businesses - Mobilethink and Tweakker - which will trade under Mobilethink Holdings, a sister company of Softil. Hagendorf becomes CEO of both Softil and Mobilethink.
"Developers of IP communication solutions need to better interact with enabling technologiesvendors to roll out carrier grade solutions in the shortest timeframe," says Softil CEO, Pierre Hagendorf. "With Softil, developers will be able to better tailor solutions by leveraging our best-in-breed,standards-based, future-proof software development kits, toolkits and frameworks."
Softil's roots go back to 1995 and became a business unit of RADVISION. It was then acquired by Spirent Communications in 2014. Over the years, itpioneered the introduction of Voice and Video over IP with a range of embedded technologies and testing solutions, combining its unique expertise in signalling, multimedia and IMS. Its award-winning suite of Protocol Stacks, including IMS, Diameter, SIP and H.323, provide the core technology behind rich media applications and products of the communications industry, and greatly simplifies the development and improves time-to-market as well as the quality of all types of VoIP and 3G/LTE multimedia products and services.
Softil also offers its award-winning BEEHD Client Framework enabling the development of Enterprise, IMS/VoLTE, and Mission Critical Communications multimedia clients. The BEEHD software is a complete Client Framework that allows service providers, solution developers and device manufacturers to launch customizable, IMS-compliant, VoLTE/RCS and 3GPP MCPTT-compliant, mission-critical products and services. The framework received theFrost & Sullivan 2016 VoLTE and ViLTE Innovation Award.
About Softil
Softil, formerly a division of Radvision Ltd., is the world's leading provider of enabling technologies for IP communications. Softil pioneered Voice and Video over IP with a range of embedded technologies and testing solutions. Its core technologies are used in today's Enterprise, IMS/VoLTE, and Mission Critical Communications industry. Over 800 enterprises worldwide use Softil's solutions as the powerhouse behind their communications.Visit www.softil.com.
Ends
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Email:sagi.subocki@softil.com
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