Most of you probably don't know who Ymax is nor who TigerJet is, but you may be familiar with MagicJack, which was created by Dan Borislow and is reportedly selling large volumes of their $39 phone-to-usb adapter, primarly via home shopping networks and infomercials. It comes bundled with very cheap domestic long distance and uses Ymax's CLEC status to generate settlement income for calls into their network, which helps subsidize the cost of their outbound calls. TigerJet designs and manufactures the chips used in the MagicJack adapter - the same chips used in the current design of the Toktumi adapter. The new version of the Toktumi adapter, coming later this year, is based on a different chip set.
It was revealed to my by YW Sing of TigerJet that Ymax has purchased his company TigerJet for an undisclosed sum. Dan Borislow wants to lock up access to the supply of chips used in the MagicJack device, and perhaps enhance the value of his company by bringing the related IP in house. It's an interesting move and I wish him luck!