- Sector
- Technology
- Industry
- Communication Equipment
- Address
-
- IPO Date
- Feb 7, 1996
- Business
- magicJack VocalTec Ltd. (Nasdaq: CALL) develops and markets cloud-based unified communications and VoIP solutions for consumers and businesses worldwide. The company offers magicJack, a physical device that connects to landline phones for unlimited calling to the U.S. and Canada via the internet; magicApp, a mobile application enabling free calling and texting over Wi-Fi or cellular data across multiple platforms; and TeamFlow, a unified communications as a service (UCaaS) platform providing voice, video, messaging, and collaboration tools for enterprises. Its services include international calling plans, premium features such as voicemail transcription and call forwarding, and wholesale VoIP termination; the company operates primarily in North America with expanding presence in Europe and Asia. Founded in 1993 and headquartered in West Palm Beach, Florida, magicJack VocalTec Ltd. targets residential users seeking low-cost telephony, small businesses needing affordable UC solutions, and carriers reselling its VoIP infrastructure. In recent developments, the company launched enhancements to its TeamFlow platform in 2024, integrating AI-driven call analytics and expanded video conferencing capabilities to support hybrid work environments; it also completed a strategic partnership with a major telecom provider in Q3 2025 for bundled magicApp services, alongside a $15 million funding round to accelerate international expansion into Latin America.