Networks backdating
The name "Comverse" is a fusion of the words "communication" and "versatility".Founded in 1982, the company went public on the Nasdaq Stock Market in 1986.In addition, I haven't had to log in to manage or reconfigure anything since initial setup - it just works." Hao Sam, IT Manager at Array Networks.
"After implementing the Reduxio Systems, we observed significant performance improvements with our Microsoft Exchange and Oracle databases.The company focused on providing value-added services to telecommunication service providers, in particular to mobile network operators.Comverse Technology had several wholly or partly owned subsidiaries.In the context of bill-and-hold arrangements, ASC Topic 606 provides specific guidance that certain indicators must be met to show that control has been transferred, including: (i) a substantive reason for such an arrangement where the customer has declined to exercise its right to take physical possession of that product; (ii) the product must be identified separately as belonging to the customer; (iii) the product currently must be ready for physical transfer to the customer; and (iv) the entity cannot have the ability to use the product or direct it to another customer.Until a registrant adopts ASC Topic 606, however, it should continue to follow the older guidance for revenue recognition.