PNI Canada Acquireco Corp. (Procera Networks), a portfolio company of private equity firm Francisco Partners, has agreed to purchase broadband network equipment maker Sandvine Corp.

Sandvine provides broadband network equipment for wireless carriers, cable companies, fixed wireless businesses, and other hardline operators. The target’s products allow service providers to apply application-aware policies to ensure subscriber satisfaction, to manage network congestion, and to provide actionable business insights.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.