Procera Networks, a provider of Network Intelligence solutions, has completed the acquisition of Sandvine Corporation, a provider of intelligent broadband network solutions for fixed and mobile operators.
Lyndon Cantor will be the president and chief executive officer of the combined company that will operate under the Sandvine name.
“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 Lyndon Cantor, president and CEO of Sandvine.
The combined Sandvine and Procera aims to become a leader in the global Network Intelligence solutions market.
“We believe the merger between Procera and Sandvine is a strong endorsement for the next phase of development and maturity in the Network Intelligence Market,” said Sarah Wallace, director, Service Enablement, AI & Analytics, IHS Markit Technology.
The combined business will be accelerating innovation investments in Behavioral Analysis, Automation, and Cloud solutions.
Sandvine solutions address telecom operator customers’ needs for Analytics, Policy Charging and Control, Traffic Management, Security, Regulatory Compliance, and Cloud Managed Services.
This combined solution portfolio significantly expands Sandvine’s addressable market and enables the combined company to capitalize on the growth opportunities of 5G networks, Internet of Things (IoT), software-defined networks and network function virtualization.
