The new collaboration on secure voice network solutions that Voice over IP (VoIP) provider AudioCodes Ltd. (Nasdaq: AUDC; TASE:AUDC) has agreed with Alcatel-Lucent may have not been noticed by investors but it could earn the company $20-30 million over the next three years.
AudioCodes will work in Alcatel-Lucent's Application Partner Program (AAPP) to reinforce their collaboration on delivering secure voice network solutions. AudioCodes will integrate its Mediant family of Enterprise Session Border Controllers (E-SBCs) with Alcatel Lucent's Solution for Enterprises.
The SBC market is a new market which grew from $50 million in 2009 to $100 million in 2010 and should be worth $400 million by 2014, AudioCodes CEO Shabtai Adlersberg told "Globes."
Alcatel-Lucent holds 8-10% of the organic telephone market thus the possibility of AudioCodes earning $20-30 million by 2014.
AudioCodes has already been collaborating with Alcatel-Lucent for nearly a decade and also has cooperation agreements with Microsoft and Avaya.
AudioCodes share price was down 0.55% to NIS 20.06 on the TASE this afternoon, after closing at $5.76 on Nasdaq yesterday, giving a market cap of $238.5 million.
Published by Globes, Israel business news - www.globes-online.com - on April 5, 2011
© Copyright of Globes Publisher Itonut (1983) Ltd. 2011