Juniper to acquire Kagoor Networks 

Juniper Networks Inc, has announced that it has signed a

definitive agreement to acquire Kagoor Networks. The transaction is valued at

$67.5 million in cash, plus options and certain other incentives and equity

compensation.

According to the press release, the combination of Juniper

Networks' secure and assured networking solutions and Kagoor's session

border control (SBC) technology, delivers a powerful solution for network

operators looking to cost-effectively deploy quality Voice over Internet

Protocol (VoIP) and other rich media services. Session border control technology

is also one of the key building blocks required for infranets.

Headquartered in San Mateo, California, with an R&D

center in Herzelia, Israel, Kagoor brings to Juniper Networks a highly skilled

engineering team with deep voice expertise. In addition, the company's

VoiceFlow SBC products are installed in over 100 carriers worldwide, most of

which also use Juniper Networks' platforms. Kagoor also brings powerful

synergies through a number of common strategic partnerships includ-ing Lucent,

Siemens and NEC. Juniper will leverage the acquisition to establish an Israeli

R&D center, which will tap into the strong engineer-ing talent pool in

Israel.

"Network operators world-wide are increasingly looking

to deliver enhanced VoIP and other rich services to their enterprise and

consumer customers, but they need to do this in a secure and assured fashion.

SBC technology is a key element in delivering these

attributes. With Kagoor, Juniper gains best-in-class SBC technology and an

acknowled-ged center of excellence in voice," commented Juniper Networks

security products group GM Kittu Kolluri.

The acquisition is expected to close in the second quarter of

2005 subject to certain customary closing conditions. Kagoor generated less than

$five million of revenue in 2004 and it is expected to be less than $0.01 per

share dilutive to Juniper Networks in 2005 and to be accretive in 2006.

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