Sandvine Corporation has issued a press release below announcing it has been acquired by an affiliate of Procera Networks and will now enter a merger agreement with Procera.

“This is a very exciting next step for Sandvine and Procera. As technologies and networks continue to evolve, I firmly believe that the combination of Sandvine and Procera creates the premier provider in our markets—with the scale and innovation needed to address our customers’ opportunities to build more intelligent networks,” said Dave Caputo, Sandvine’s President and Chief Executive Officer.

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