AudioCodes, having just finished its previously announced acquisition of Nuera Communications, wasted no time announcing its next buy. The packet voice technology developer said today that it has agreed to acquire Netrake Corp., a vendor of session border controllers and security gateway solutions, for $10 million in cash, plus an additional $1 million if Netrake meets certain financial performance thresholds by the time the deal closes later this quarter.
 
"This Agreement with Netrake provides AudioCodes with more products to help service providers and network equipment providers in enabling connectivity between disparate VoIP networks, and deploying fixed/mobile convergence, as well as IP multimedia subsystem (IMS) networks in the future," said Shabtai Adlersberg, chairman, president and CEO of AudioCodes, in a statement. "Together with the Netrake team, we can now offer session border controllers in addition to our media gateway and media server products, which will be three key network elements within IMS that enable the convergence of networks and applications."

Following the transaction, Netrake will become a wholly owned subsidiary of AudioCodes. The transaction has been approved by the boards of directors of both companies and by the stockholders of Netrake.