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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: lee kramer who wrote (105184)6/30/2000 9:08:17 AM
From: Bob Biersack  Read Replies (1) of 120523
 
CMVT....Comverse Technology, Inc. Signs Agreement To Acquire Gaya Software Industries Ltd

IP Telephony Software Developer Brings Intelligent IP Gateway Technology To Comverse
WOODBURY, N.Y.--(BUSINESS WIRE)--June 30, 2000-- Comverse Technology, Inc. (NASDAQ:CMVT - news), the world's leading supplier of software and systems enabling network-based enhanced services, announced today that it has signed a definitive agreement to acquire Gaya Software Industries Ltd., a privately-held, Lod, Israel-based firm, founded by Yoram Regev, Ofer Corenfeld, and Yotam Raz, specializing in software-based intelligent IP gateways and voice-over-IP (VoIP) technology.
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