Procera Networks Changes Name to Sandvine After Completing Purchase of Canada Company
Privately held Procera Networks completed its acquisition of Canada-based Sandvine, which provides broadband network solutions for fixed and mobile operators, said the Fremont, California-based networking equipment provider in a Friday news release. The combined company will operate under the Sandvine name and be led by Procera CEO Lyndon Cantor. The Canadian $562 million deal (about $456 million U.S.) was announced in July.