July 22, 2014 9:22 PM ET

Communications Equipment

Company Overview of Ditech Networks, Inc.

Company Overview

Ditech Networks, Inc. designs, develops, and markets telecommunications equipment and services for use in wireline, wireless, satellite, and Internet Protocol (IP) telecommunications networks worldwide. The company offers voice quality enhancement solutions that enable service providers to deliver end-to-end communications to their subscribers, as well as voice applications solutions. Its products enhance and monitor voice quality and provide security in the delivery of voice services. The company’s mobile voice quality products include Broadband Voice Processor-Flex, a broadband voice processor system with flexible resource cards for network operators; Quad II T1, a single module that consi...

3099 North First Street

San Jose, CA 95134

United States

Founded in 1983

63 Employees

Phone:

408-883-3636

Fax:

408-894-9448

Key Executives for Ditech Networks, Inc.

President
Age: 61
Chief Strategy Advisor
Secretary and Director
Age: 49
Director of Corporate Communications
Vice President of Platform Engineering
Compensation as of Fiscal Year 2014.

Ditech Networks, Inc. Key Developments

Ditech Networks, Inc.(NasdaqGM:DITC) dropped from NASDAQ Telecom Index

Ditech Networks, Inc. will be removed from NASDAQ Telecom Index.

Ditech Networks, Inc.(NasdaqGM:DITC) dropped from NASDAQ Composite Index

Ditech Networks, Inc. will be removed from NASDAQ Composite Index.

Ditech Networks, Inc. Announces Director Changes

As previously announced, on September 17, 2012, Ditech Networks, Inc. entered into an Agreement and Plan of Merger (the Merger Agreement) with Nuance Communications, Inc. (Nuance), and Diamond Acquisition Corporation (Merger Sub), pursuant to which, upon the terms and subject to the conditions set therein, Merger Sub would merge with and into Ditech (the Merger), with Ditech continuing as the surviving corporation and as a wholly-owned subsidiary of Nuance. On December 4, 2012, Nuance completed its acquisition of Ditech through the consummation of the Merger. Ditech is the surviving corporation in the Merger and has become a wholly owned subsidiary of Nuance. As of the effective time of the Merger on December 4, 2012, in connection with the Merger, the following directors voluntarily resigned from Ditech's board of directors: Alan B. Howe, Kenneth G. Naumann, Frank J. Sansone, and J. Michael Gullard. As of the effective time of the Merger on December 4, 2012, Thomas L. Beaudoin and Todd DuChene became directors of Ditech as the surviving corporation of the Merger. As of the effective time of the Merger on December 4, 2012, in connection with the Merger, the following officers voluntarily resigned as officers of Ditech: Kenneth G. Naumann, William J. Tamblyn, and Karl Brown. As of the effective time of the Merger on December 4, 2012, Thomas L. Beaudoin and Todd DuChene became the President and Treasurer, and Secretary, respectively, of Ditech.

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