The magicJack, a device that has revolutionized the way people make phone calls, has been a subject of interest for many. With its ability to provide low-cost, high-quality voice over internet protocol (VOIP) services, it’s no wonder that people are curious about the company behind this innovative product. In this article, we’ll delve into the world of magicJack, exploring its history, features, and most importantly, who owns magicJack.
Introduction To MagicJack
MagicJack is a VOIP service provider that offers a range of communication solutions, including phone service, text messaging, and video conferencing. The company was founded in 2007 by Dan Borislow, an American entrepreneur and inventor. Borislow’s vision was to create a device that would allow people to make cheap, high-quality phone calls using their internet connection. The result was the magicJack, a small USB device that plugs into a computer and allows users to make calls to any phone number in the world.
How MagicJack Works
The magicJack uses VOIP technology to connect calls. When a user makes a call, the magicJack device converts the voice signal into digital data, which is then transmitted over the internet to the recipient’s phone. This process allows for low-cost, high-quality calls, as there are no tolls or long-distance charges. The magicJack also comes with a range of features, including caller ID, call waiting, and voicemail.
Key Features of MagicJack
Some of the key features of magicJack include:
– Low-cost international calls
– High-quality voice calls
– Text messaging and video conferencing capabilities
– Caller ID and call waiting
– Voicemail and call forwarding
– Compatibility with a range of devices, including computers, smartphones, and tablets
Ownership And History Of MagicJack
So, who owns magicJack? The answer lies in the company’s history. MagicJack was founded by Dan Borislow in 2007, and it quickly gained popularity as a low-cost alternative to traditional phone services. In 2010, magicJack went public with an initial public offering (IPO) that raised $50 million. However, the company’s stock price struggled, and it faced several challenges, including lawsuits and patent infringement claims.
Acquisition By B. Riley Financial
In 2018, magicJack was acquired by B. Riley Financial, a financial services company based in Los Angeles. The acquisition marked a new chapter in the history of magicJack, as the company began to focus on expanding its services and improving its technology. Today, magicJack is a subsidiary of B. Riley Financial, and it continues to provide low-cost VOIP services to customers around the world.
Impact of Acquisition on MagicJack
The acquisition of magicJack by B. Riley Financial has had a significant impact on the company. With the backing of a larger financial services company, magicJack has been able to invest in new technology and expand its services. The company has also been able to improve its customer support and reduce its prices, making it an even more attractive option for customers looking for low-cost VOIP services.
MagicJack’s Services And Features
MagicJack offers a range of services and features that make it an attractive option for customers. Some of the key services and features include:
- Low-cost international calls: MagicJack allows customers to make low-cost international calls to over 100 countries.
- High-quality voice calls: MagicJack uses advanced VOIP technology to provide high-quality voice calls.
- Text messaging and video conferencing: MagicJack allows customers to send text messages and make video calls to friends and family.
- Caller ID and call waiting: MagicJack provides caller ID and call waiting features, making it easy for customers to manage their calls.
Benefits Of Using MagicJack
There are several benefits to using magicJack, including:
– Low costs: MagicJack is a low-cost alternative to traditional phone services.
– High-quality calls: MagicJack provides high-quality voice calls.
– Convenience: MagicJack is easy to use and provides a range of features, including text messaging and video conferencing.
– Portability: MagicJack is a portable device that can be used anywhere with an internet connection.
Comparison with Other VOIP Services
MagicJack competes with a range of other VOIP services, including Skype and Google Voice. However, magicJack has several advantages, including its low costs and high-quality calls. Additionally, magicJack provides a range of features, including text messaging and video conferencing, making it a more comprehensive communication solution.
Conclusion
In conclusion, magicJack is a revolutionary VOIP service provider that has changed the way people make phone calls. With its low-cost, high-quality calls and range of features, magicJack is an attractive option for customers looking for a affordable and convenient communication solution. As a subsidiary of B. Riley Financial, magicJack continues to innovate and expand its services, making it a major player in the VOIP industry. Whether you’re looking for a low-cost alternative to traditional phone services or a comprehensive communication solution, magicJack is definitely worth considering.
What Is MagicJack And How Does It Work?
MagicJack is a voice over internet protocol (VOIP) service provider that offers low-cost internet-based phone services to its customers. It works by using a small USB device that plugs into a computer, which then allows users to make and receive phone calls using their internet connection. The device uses the computer’s internet connection to connect calls, eliminating the need for a traditional phone line. This technology has made it possible for people to make affordable phone calls from anywhere in the world, as long as they have a stable internet connection.
The MagicJack device is simple to set up and use, and it comes with a range of features, including call waiting, call forwarding, and voicemail. It also allows users to keep their existing phone number or choose a new one, and it supports both domestic and international calls. One of the key benefits of MagicJack is its low cost, with users able to make unlimited calls to the US and Canada for a flat annual fee. This has made it a popular choice for people who want to save money on their phone bills, as well as for those who need to make international calls on a regular basis.
Who Owns MagicJack And What Is Its History?
MagicJack is owned by a company called YMax Communications, which was founded in 2006 by Dan Borislow. Borislow, an American entrepreneur and inventor, developed the MagicJack technology and launched the service in 2007. Since then, the company has grown rapidly, with millions of customers signing up for the service. In 2013, MagicJack was acquired by B. Riley Financial, a publicly traded investment bank, and it has continued to operate as a subsidiary of the company.
Under the ownership of B. Riley Financial, MagicJack has continued to innovate and expand its services. The company has introduced new features and products, including the MagicJack Plus, which allows users to make calls without being connected to a computer. MagicJack has also partnered with other companies to offer additional services, such as caller ID and call blocking. Today, MagicJack is one of the leading VOIP service providers in the world, with a reputation for offering high-quality, affordable phone services to its customers.
How Has MagicJack Revolutionized VOIP Services?
MagicJack has revolutionized VOIP services by making internet-based phone calls accessible and affordable for everyone. Before MagicJack, VOIP services were often complex and expensive, requiring users to have technical expertise and purchase specialized equipment. MagicJack changed this by offering a simple, plug-and-play device that could be used by anyone with a computer and an internet connection. This has democratized access to VOIP services, allowing people all over the world to make affordable phone calls.
The impact of MagicJack on the VOIP industry has been significant, with many other companies following in its footsteps and offering similar services. Today, VOIP is a major player in the telecommunications industry, with millions of people using internet-based phone services to make calls. MagicJack has also driven innovation in the industry, with companies competing to offer the best features and prices. This has led to significant improvements in the quality and reliability of VOIP services, making them a viable alternative to traditional phone services.
What Are The Benefits Of Using MagicJack?
The benefits of using MagicJack are numerous, with the main advantage being the significant cost savings it offers. With MagicJack, users can make unlimited calls to the US and Canada for a flat annual fee, which is much cheaper than traditional phone services. MagicJack also offers a range of features, including call waiting, call forwarding, and voicemail, which are often extra on traditional phone services. Additionally, MagicJack allows users to keep their existing phone number or choose a new one, making it easy to switch from a traditional phone service.
Another benefit of MagicJack is its convenience and flexibility. The service can be used from anywhere in the world, as long as there is a stable internet connection. This makes it ideal for people who travel frequently or live in areas with poor traditional phone coverage. MagicJack also offers a high level of call quality, with clear and reliable connections. The service is also easy to set up and use, with a simple and intuitive interface that makes it accessible to everyone.
Is MagicJack A Reliable Service?
Yes, MagicJack is a reliable service that offers high-quality and stable connections. The company uses advanced technology to ensure that calls are connected quickly and reliably, and it has a robust network that can handle a large volume of calls. MagicJack also has a team of experienced engineers and technicians who work around the clock to ensure that the service is running smoothly and that any issues are resolved quickly.
In addition to its technical reliability, MagicJack also has a reputation for providing good customer service. The company has a dedicated support team that is available to help users with any issues or questions they may have. MagicJack also offers a range of online resources, including tutorials and FAQs, that can help users to troubleshoot and resolve common issues. Overall, MagicJack is a reliable and trustworthy service that is suitable for both personal and business use.
Can I Use MagicJack For Business Purposes?
Yes, MagicJack can be used for business purposes, offering a range of features and benefits that are ideal for small and medium-sized businesses. The service is scalable and flexible, allowing businesses to easily add or remove lines as needed. MagicJack also offers a range of business-specific features, including conference calling, call transfer, and auto-attendant. These features make it easy for businesses to manage their phone systems and communicate with customers and colleagues.
In addition to its features and flexibility, MagicJack is also a cost-effective solution for businesses. The service is much cheaper than traditional business phone systems, with no need for expensive hardware or installation. MagicJack also offers a range of customization options, allowing businesses to tailor the service to their specific needs. This includes the ability to choose custom phone numbers, set up call routing and forwarding, and create custom greetings and messages. Overall, MagicJack is a reliable and affordable solution for businesses that need a flexible and scalable phone system.
How Do I Get Started With MagicJack?
Getting started with MagicJack is easy and straightforward. The first step is to purchase a MagicJack device, which can be done online or through a retail store. Once you have the device, you simply plug it into your computer and follow the on-screen instructions to set up the service. This includes creating an account, choosing a phone number, and setting up your call preferences. The entire process typically takes just a few minutes, and you can be making calls with MagicJack in no time.
After you have set up your MagicJack account, you can start making calls immediately. You can use the MagicJack device to make calls from your computer, or you can use the MagicJack app to make calls from your smartphone or tablet. The app is available for both iOS and Android devices, and it offers all of the same features and functionality as the desktop version. MagicJack also offers a range of online resources and support, including tutorials and FAQs, to help you get started and troubleshoot any issues you may encounter.