History
The company was founded as the Electronics Corporation of Israel in 1961 for the purpose of manufacturing advanced electronic equipment. 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. The company became ECI Telecom Ltd. in 1984. Since that time, ECI has undergone a number of mergers and acquisitions, most recently an acquisition in 2007 by Swarth Group, a private equity group, making ECI a private company once again. In addition to the telephone line doubler (1977), recent achievements for the company include HDSL (1993), optical ring-based networks (2000), toll-quality Voice over IP (2002), coarse wavelength division multiplexing (2003), 10-degree reconfigurable optical add-drop multiplexer (2007), the first Carrier Ethernet switch/router built with a transport mindset (2008), Dynamic Spectrum Management Level 3 (2009) and Network Design Platform (2009).
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