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Procera Networks Inc to Acquire Vineyard Networks Inc


Monday, 7 Jan 2013 07:00am EST 

Procera Networks Inc announced that it has entered into a definitive agreement to acquire Vineyard Networks Inc a company into the Enterprise OEM DPI market. The acquisition will enable Procera to extend its Intelligent Policy Enforcement business into the growing Enterprise DPI market. The total consideration for the acquisition is CAD28.0 million, comprised of CAD15.4 million in Procera common stock and CAD12.6 million in cash. The acquisition is expected to close on or before January 15, 2013. 

Company Quote

9.9
-0.46 -4.44%
15 Sep 2014