Allot completes Esphion acquisition

Allot Communications has completed the acquisition of Esphion Limited to enhance the company's network and subscriber protection solutions.

Allot believes that the acquisition will enable it to offer value-added services on its new Service Gateway platform to help broadband providers build secure, intelligent networks.

Under the agreement, Allot will acquire all material assets of Esphion for $3.5 million in cash plus up to an additional $2 million of performance-based consideration if certain targets are met during 2008.

Esphion's employees, who are based in New Zealand, will become part of Allot's global operation.

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