NASDAQ, AUDC - Audiocodes Ltd
AudioCodes Ltd. was incorporated in 1992 under the laws of the State of
Israel. Our principal executive offices are located at 1 Hayarden Street,
Airport City, Lod, 70151 Israel. Our telephone number is 972-3-976-4000. Our
agent in the United States is AudioCodes Inc., 2099 Gateway Plaza, San Jose,
California 95134.
Major Developments since January 1, 2006
Acquisition of Nuera Communications, Inc.
In July, 2006, we completed the acquisition of Nuera Communications, Inc.
Nuera was acquired for a purchase price of $82.5 million in cash, subject to
reduction for certain expenses, plus an earn out arrangement under which we have
agreed to pay up to an additional $5 million if Nuera achieves certain revenue
milestones during the first twelve months after consummation of the transaction.
Nuera designs, manufactures and sells packet voice getaways to communication
service providers worldwide. ...
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