History
Vic Tokai was founded on March 18, 1977 as a CATV service provider. The following year, in 1978, it adopted the name of Vic Tokai. The "Vic" in Vic Tokai's name stood for Valuable Information & Communication while the "Tokai" is the name of its parent company TOKAI, a Japanese natural gas utility founded in 1950.
Vic Tokai began data processing and to start selling computer hardware on April 1982, a sector that until then was handled by parent TOKAI and in 1983 started developing online and graphic applications for offices computers.
On April 1987, parent company TOKAI handed its remaining computer-related branches such as electronic calculation and operational sections to Vic Tokai, thus making the latter company able to handle data processing single-handed. Vic Tokai expanded in 1988 when it acquired another telecommunication company. Also in 1988 the company launched its first system consulting software.
The 1990s saw a number of new products by Vic Tokai available to the Japanese market. In 1993 Vic Tokai introduced its first version of its long running (and still existing) lineup of network solution products called the "TOP-VENUS". Later, Vic Tokai released its own Electronic Data Interchange package known as the JFT (Java File Transfer) in 1996. Then in 1998 Vic Tokai came up with its "Knowledge Stage" lineup which is dedicated to help companies developing their Intranet.
On April 2000 Vic Tokai merged with another CATV company that also provided Internet connection. As a result, Vic Tokai immediately became an Internet service provider itself; and a year after, on April 2001, entered the ADSL market. Vic Tokai would soon established a partnership with Japanese peer-to-peer Internet exchange company JPIX.
As the company continues to grow, Vic Tokai earned its place in the market listing of the JASDAQ as of June 2002.
By March 2005, Vic Tokai had completed the built of its own high-capacity optical fibre network infrastructure between Tokyo and Nagoya to improve network support for its Internet service customers and enterprises. Vic Tokai continued its expansion on October 2005 when it merged again, this time with Tokai Broadband Communications, enabling Vic Tokai to enter the mobile broadband industry.
In April 1, 2011, Vic Tokai and (then) parent company Tokai Corporation jointly created Tokai Holdings Corporation, a new shell entity to oversee the operation of both companies (as well as other subsidiaries). In October of that year, Vic Tokai was renamed Tokai Communications following a change of structure.
In April 2012, the CATV operations of Tokai Communications were spun off in a new company called Tokai Cable Network.
Read more about this topic: Tokai Communications
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