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Tag: procera
#Sandvine accepts CAD 562 mln bid from #Francisco, #Procera
2017-07-17 18:06:00| Telecompaper Headlines
(Telecompaper) Sandvine said it has terminated its agreement with Scalar, which made an offer for the company at CAD 4.15, and cut a new deal with Procera and PNI Acquireco, which will together pay CAD 4.40 per share. The price values Sandvine at CAD 562 million and represents a 40 percent premium to Sandvine's closing price on 26 May, before bidding started for the company. Sandvine will be combined with Procera, and led by Procera CEO Lyndon Cantor, together with Procera CFO Richard Deggs. The new company will retain the Sandvine name; it will serve over 400 communications service provider customers, with over 1 billion subscribers in more than 100 countries, as well as over 500 enterprise customers and more than 100 OEM and channel partners.
Tags: francisco
bid
accepts
cad
Procera Networks' ScoreCard Wins LTE Asia Award For Best Test/Measurement Solution
2015-10-08 06:32:46| metrologyworld Home Page
Procera Networks, Inc., the global Subscriber Experience company, today announced that its ScoreCard product won the LTE Asia Awards 2015 in the category of Best Test/Measurement Solution
Tags: solution
asia
networks
award
Procera acquired by private equity fund for USD 240 mln
2015-04-22 13:46:00| Telecompaper Headlines
(Telecompaper) Subscriber experience specialist Procera Networks has been acquired by Francisco Partners Management for USD 240 million in cash. Under the terms of the definitive agreement, Francisco Partners will start a tender offer by 5 May to acquire all of Procera's outstanding shares for USD 11.50 per share in cash. Procera's board of directors has approved the transaction. Procera CEO James Brear said that deal will give it the resources and financial expertise needed to reach its next level of growth and to strengthen its competitive market position. Procera also announced preliminary results for the first quarter, saying it expects revenues at USD 19.5-20.5 million and a net operating loss. The company's full year guidance remains the same.
Procera Networks Delivers over 150Gbps NFV Performance with PacketLogic/V(TM)
2015-02-20 11:31:25| Industrial Newsroom - All News for Today
Groundbreaking performance on 2RU Intel Architecture-based Platforms FREMONT, Calif. - Procera Networks, Inc. (NASDAQ: PKT), the global Subscriber Experience company, announced today that they have optimized their PacketLogic/V virtualized software solution to demonstrate over 150Gbps running on Intel Xeon...
Tags: performance
networks
delivers
procera
Procera Networks Ships 100GE Interface Cards to Multiple Tier 1 Customers
2014-12-19 11:31:19| Industrial Newsroom - All News for Today
Several-million dollars of orders received for PL20000 100GE systems FREMONT, Calif. Procera Networks, Inc. (NASDAQ: PKT), the global Subscriber Experience Company, today announced that it has received several-million dollars of orders from Tier 1 operators for 100GE-equipped PacketLogic 20000 Platform. These...
Tags: multiple
cards
customers
networks