Procera Networks has acquired Sandvine. The combined company will operate under the Sandvine name, and the executive management team will be led by Lyndon Cantor as president and CEO.
The combined network intelligence portfolios of Sandvine and Procera comprise analytics, policy charging and control, traffic management, security, regulatory compliance, and cloud managed services. The acquisition is intended to expand the combined company's addressable market and enable itto capitalize on the growth opportunities of 5th generation wireless networks, Internet of Things (IoT), software-defined networks (SDN) and network functions virtualization (NFV).
"The new Sandvine has significant scale with over 200 tier 1 service providers, including 12 of the top 20 mobile carriers and covering over 1.7 billion subscribers, over 500 enterprise customers, and over 40 OEM partners in nearly 100 countries worldwide," said Cantor. "This scale will enable us to accelerate our innovation engine and expand our solution and services offerings to better serve our customers' needs."