Private Equity Firm Buys Sandvine for $444M, Merges with Procera
sdxcentral.com | July 17, 2017
Private equity firm PNI Canada Acquireco purchased Sandvine Corp. in a deal worth more than $444 million. PNI will combine Sandvine with Procera Networks.
Procera Networks was acquired by Francisco Partners, an affiliate company of PNI, in 2015 for about $240 million. Procera, which focuses on enhancing the broadband Internet experience by using traffic analytics, will be combined with Sandvine, which makes broadband network management tools.