Juniper to acquire Kagoor Networks

Juniper Networks 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.

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. Additionally, the company's VoiceFlow SBC products are
installed in over 100 carriers worldwide, most of which also use Juniper
Networks' platforms. Kagoor also brings strategic partnerships including
Lucent, Siemens and NEC. Juniper will leverage the acquisition to establish an
Israeli R&D center.

"Network operators worldwide 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 acknowledged 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.

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