AudioCodes Ltd., designs, develops and sells products and services for voice and data over packet networks. Voice over packet (VoP), networks consist of key network elements, such as software switches, application servers, Internet protocol (IP), IP phones and media gateways. The Company has two business lines: network and technology. The Company�s products primarily provide the media gateway element in the network, as well as voice over Internet protocol (VoIP), end-points, such as IP Phones and VoIP mobile clients. Multi-service business gateways integrate media gateway functionality with data routing and network access. Network products consist of customer premises equipment (CPE), gateways for the enterprise and service provider (or carrier) markets and of carrier-grade-oriented low- and mid-density media gateways for service providers. Technology products consist of the Company�s chips and boards business products. The Company�s chips and boards serve as building.