On October 21, 2008, NEC Corporation acquired Netcracker for about US$300 million making it a wholly owned subsidiary of NEC.[1][5][6] According to online publication, ComputerWorld, the acquisition would expand NEC's offerings to several more industries including Internet Service Providers, broadband network companies and large-business service companies. The expansion is due to Netcracker's telecommunication provider customer base. NEC was expecting the acquisition to generate US$1.9 billion over the following 5 years through providing services to international carriers.[3]
Acquisitions
2004 – Firma AVD, a company headquartered in Moscow specializing in system integration, business process engineering and IT consulting.[7][8]
2011 – Subex's activation business, including Subex's NetProvision, NetOptimizer, Vector products and associated business.[9][10][11]
2016 – CoralTree Systems, a systems integrator and service provider[15][16]
Enhanced Security Plan Agreement
On December 11, 2017, the United States Department of Justice announced in a press release a mutual agreement was reached with Netcracker regarding enhanced security protocols in software development.[2] One primary finding that led to the agreement was Netcracker's use of a global technical workforce creating concerns for security of sensitive individual data, sensitive network data, and domestic communications infrastructure. This concern was considered critical in light of "the cyber threat posed by foreign government agencies and cyber criminals".[17] The agreement would enhance security of U.S. telecommunications networks limiting information sent to, stored in, or accessed from overseas locations. Under the non-prosecution and security agreement,[17] Netcracker would designate a Security Director and create/implement a security policy detailing specific procedures to comply with the plan.[18] By September 2024, Netcracker had become a member of the United States Communications Sector Coordinating Council,[19]
As a software engineering company, Netcracker offers network optimization for communications and operations.[17] Globally, Netcracker provides the following products and services to more than 280 communications service provider and cable provider customers.[20][21]
^Dye, Mark (September 20, 2011). "NetCracker acquisition sees Subex bidding farewell to Syndesis". Vanilla+. Retrieved July 10, 2024. The move sees NetCracker picking up Subex's NetProvision, NetOptimizer, Vector products and associated business... Financial terms of the agreement were not disclosed.
^"Membership", Communications-SCC.org, retrieved September 18, 2024
^ abc"Netcracker", 6Sense, retrieved August 30, 2024, Around the world in 2024, over 287 companies have started using Netcracker as Unified Communications tool
^"Technology Alliances NFV - NEC/Netcracker", SilverPeak, July 11, 2017, retrieved August 30, 2024, ...a forward-looking software company, offering mission-critical solutions to service providers around the globe
