Procera Networks, a global leader in Network Intelligence, said it has completed the acquisition of Sandvine Corporation, a leading provider of intelligent broadband network solutions for fixed and mobile operators.Read More
The combined company will operate under the Sandvine name, and the executive management team will be led by Lyndon Cantor as the president and chief executive officer.
The combined portfolios of Sandvine and Procera deliver the most robust Network Intelligence solutions as a new market leader in an emerging market.
The new Sandvine has the broadest portfolio of solutions addressing 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 5th generation wireless networks, Internet of Things (IoT), software-defined networks and network function virtualization.
“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,” remarked Lyndon Cantor, the president and CEO of Sandvine.
“This scale will enable us to accelerate our innovation engine and expand our solution and services offerings to better serve our customers’ needs,” noted Cantor.
Today, network operators are focused on reducing expenses while at the same time trying to enhance the experience of their subscribers through innovative offerings and improved quality of service, he added.
Sandvine and Procera have been trusted solution partners in this journey to aid operators and enterprises in more intelligently managing their networks. As the virtual and cloud paradigm shifts existing network architectures, these needs have evolved from simply identifying network issues to requiring automation and closed-loop actions.
The combined capabilities of the new Sandvine will enable the company to lead the charge in delivering these solutions through continued innovation in machine learning, heuristics and behavioral analysis to deliver the most robust in-line digital decisions based on Network Intelligence.
Sarah Wallace, the director of service enablement, AI & Analytics, IHS Markit Technology, said: "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."
“The requirement for in-line closed loop capabilities driven by intelligence for digital decision-making is consistent with our research in Analytics and AI markets,” she added.