Deep packets: Sandvine Corp. (TSX: SVC) yesterday announced that it has agreed to be acquired by Francisco Partners portfolio company Pro3cera Networks for around C$562 million, or C$4.40 per share. That tops an earlier agreed-upon C$3.80 per share deal with Vector Capital, and even Francisco's initial rival bid of C$4.15 per share.Read More
Reminder: We recently wrote about how this deal could have global surveillance implications, particularly were Francisco/Procera to win. I asked Sandvine if had requested and/or received any assurances that its products would not be sold to foreign government entities that could possibly use them to surveil citizens outside of established criminal justice protocols (such as journalists, anti-corruption activists, political opponents, etc.). It did not reply.