Newly acquired Sandvine takes on IoT, 5G

WATERLOO and FREMONT, CA - Francisco Partners’ backed Procera Networks has completed its $562 million acquisition of Sandvine, creating what it describes as a new market leader in network intelligence.The newly merged company boasts a broad portfolio of solutions addressing customers’ needs for analytics, policy charging and control, traffic management, security, regulatory compliance, and cloud managed services, reads the news release. This combined solution portfolio significantly expands its addressable market and allows it to capitalize on the growth opportunities of 5th generation wireless networks, Internet of Things (IoT), software-defined networks and network function virtualization. Operating under the Sandvine name, the new...