Orckit Communications Ltd.
Orckit Communications Ltd. designs, develops, manufactures, and markets telecommunication equipment that enable transmission of broadband services. The company delivers broadband to residential, business and mobile services over wire line or wireless networks. Orckit Communications develops, markets and sells telecommunication transport equipment capable of supporting the growing capacity demands for Ethernet services and high bandwidth video services, such as HDTV, Internet Protocol television, video on demand and interactive television, 2G, 3G and 4G mobile backhauling. It also provides data and voice services. It operates in Japan, Israel, India, Japan, Russia and United States of America. The company was founded by Eric Paneth and Izhak Tamir in 1990 and is headquartered in Tel Aviv, Israel.