History
The company was incorporated in October 2001 as NexVerse Networks. On November 1, 2002 Israel's ECI Telecom merge its subsidiary NGTS (which was established in 1986) with NexVerse Networks to form a new company called Veraz Networks. In 2007 Veraz had an IPO on NASDAQ.
In May 2010, it was announced that Veraz was to merge with the Dialogic Corporation, under the Dialogic banner. The merger was completed on October 1, 2010 and the merged company, named Dialogic now trades on NASDAQ under the ticker symbol DLGC.
In June 2010, the United States Securities and Exchange Commission charged Veraz with violating the Foreign Corrupt Practices Act (FCPA).
Read more about this topic: Veraz Networks
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