VocalTec Lays Off 70

Rich Tehrani : Communications and Technology Blog - Tehrani.com
Rich Tehrani
CEO
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VocalTec Lays Off 70

It is a sad day for me as VocalTec, the company that really popularized VoIP and was the inspiration for TMC launching Internet Telephony Magazine have cut 70% of their staff leaving 30 out of a 100 people in the company. There is 2 million dollars in cash left at the company and they recently changed their focus to selling softswitches.

There is some great engineering talent at the company but it is going to be very tough to come out of this hole without some assistance either financial or otherwise.

They would be a great acquisition target just for their technology.

My hats off to the bright people at VocalTec that helped launch VoIP into the mainstream and I reiterate that this is a sad day for the VoIP market.



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