Barron’s has a curious story about the merger of YMAX and Vocaltech. YMAX is the Florida-based parent company of Magic Jack. VocalTech, based in Israel, is one of the software pioneers of the voice-over-IP revolution. From their roots in the first retail soft phone they went on to become an early leader in VoIP to PSTN gateways.
My very first exposure to VoIP was using Vocaltech’s Internet phone software way back in 1997. At that point I was on dial-up and Internet Phone allowed me to call my girlfriend who lived 900 miles away without concern for call duration or cost.