Netcracker Technology was co-founded in 1993 by Dr. Michael Feinberg, currently Netcracker's Chief Technology Officer and Bonnie Ward, the company's Vice President of Corporate Initiatives. In 2008, after 15 years of independent growth, the company was acquired by [[NEC Corporation]].<ref>{{Cite web |title=NEC Acquires Netcracker Technology {{!}} Mergr |url=https://mergr.com/nec-acquires-netcracker-technology |access-date=2022-03-21 |website=mergr.com}}</ref> Netcracker then became a wholly owned subsidiary of NEC.<ref>{{Cite web |title=Netcracker Technology |url=https://www.cleverism.com/company/netcracker-technology/ |website=Cleverism.com}}</ref><ref>{{Cite web |date=2021-12-08 |title=Frost & Sullivan recognizes Netcracker with 2021 Global OSS/BSS Technology Innovation Awardfor Enabling Communication Service Providers with Its Cloud-Native, Full-Stack BSS/OSS Solution |url=https://www.frost.com/news/frost-sullivan-recognizes-netcracker-with-2021-global-oss-bss-technology-innovation-award/ |access-date=2022-03-21 |website=Frost & Sullivan |language=en-US}}</ref>
In 2010, Netcracker initiated a large-scale expansion whereby NEC consolidated its Telecom Operations and Management Solutions (TOMS) software and services business under Netcracker.
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2016 {{En dash}} CoralTree Systems.<ref>{{Cite web|url=http://www.businesswire.com/news/home/20160712006099/en/Netcracker-Acquires-CoralTree-Systems|title=Netcracker Acquires CoralTree Systems {{!}} Business Wire|website=www.businesswire.com|access-date=2016-08-11}}</ref>
==Legal allegations==
In 2015, Netcracker agreed to a $11.4 million settlement to resolve allegations under the False Claims Act that the company has hired individuals without appropriate clearances to work on a Defense Information Systems Agency (DISA) contract.<ref>{{Cite web |date=2015-11-02 |title=Netcracker Technology Corp. and Computer Sciences Corp. Agree to Settle Civil False Claims Act Allegations |url=https://www.justice.gov/opa/pr/netcracker-technology-corp-and-computer-sciences-corp-agree-settle-civil-false-claims-act |access-date=2022-03-21 |website=www.justice.gov |language=en}}</ref>
==Products and services==
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Netcracker's suite includes orchestration capabilities, an SDN Controller, and a range of virtual network functions (VNFs), such as virtualized customer premises equipment (vCPE), virtualized evolved packet core (vEPC), and other value-added VNFs and management offerings.{{Citation needed|date=September 2022}}
