Juniper buys Kagoor

is to acquire Session Border Controller (SBC) supplier

for $67.5 million in cash.

Founded in February 2000, San Mateo, CA-based Kagoor is best known for its range of ‘VoiceFlow’ SBC products which are primarily deployed at the edge of networks to facilitate the secure and reliable flow of real-time IP traffic across network boundaries.

The SBC products enable three main functions: carrier-to-carrier peering, carrier-to-enterprise service enablement and carrier-to-consumer service enablement.

The VoiceFlow products share a common voice operating system (v/OS) that runs a host of standard and optional applications in parallel and is optimized to deliver wire speed processing of voice media and signalling packets. Application modules include address translation, security, quality of service (QoS), call routing and load balancing, admission control, interworking, and lawful interception and regulatory compliance.

The acquisition is expected to close in the second quarter of 2005 subject to certain customary closing conditions. Kagoor generated less than $5M 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.