Sandvine to be sold to U.S. private equity firm Vector Capital for $483M

WATERLOO, ON - Sandvine Corporation is being acquired by San Francisco-based global private equity firm Vector Capital in a deal valued at approximately CAD $483 million.The company said that Vector Capital affiliate Scalar AcquireCo Corp. will acquire all of the issued and outstanding shares of Sandvine, other than certain shares held by members of management.“The Sandvine Team has built the clear leader in network policy control and I am extremely proud of what we have accomplished to date,” said Sandvine president and CEO Dave Caputo, in the announcement. “There are a number of long-term growth opportunities that Vector, as a...