TITLE

AudioCodes rakes in Netrake, closes Nuera deal

PUB. DATE
August 2006
SOURCE
CED;Aug2006, Vol. 32 Issue 8, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the deal secured by the AudioCodes Ltd. in the acquisition of Netrake Corp., a company known for its making of session border controllers and security gateways in the U.S. The amount of $10 million will be paid by the AudioCodes and the additional $1 million depending on the financial achievements of Netrake at its closing. The acquisition is said to provide AudioCodes' portfolio expansion for Fixed Mobile Convergence and IP Multimedia Subsystem.
ACCESSION #
21900922

 

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