MagicJack’s Next Act: Femtos, Softphones, and…an IPO?

magicjack

Amongst all the burning wrecks of the voice over IP startup scene, is it possible that a $40 device hawked on late-night TV may be emerging as one of the biggest VoIP success stories ever? If you believe founder Dan Borislow, that is what is happening with his idea called MagicJack, a simple USB-based VoIP device that Borislow claims will generate $100 million in revenue this year, a market momentum that may spark an initial public offering to help fund his ambitious expansion plans. Read More about MagicJack’s Next Act: Femtos, Softphones, and…an IPO?