Procera Networks

Procera Networks
Privately held company
Industry Networking Hardware and Software
Founded 2002
Headquarters Fremont, California
Key people
 Lyndon Cantor, President and CEO
Richard Deggs, CFO
Alexander Haväng, Founder, Chief Technology Officer
Cam Cullen, VP of Global Marketing
Website www.proceranetworks.com
Logo of Netinact before merger

Procera Networks is a networking equipment company based in Fremont, California, United States, that designs and sells deep packet inspection (DPI), policy charging and rules function, data analytics and reporting hardware, software and services.

History

Procera was incorporated in 2002 in California. The company was initially created to deliver intelligent Ethernet network switches. The company changed its product line when it merged with Netintact, a company based in Varberg, Sweden, that offered bandwidth management products to Scandinavian network operators under the PacketLogic brand.[1] The merger was announced in May and closed in June 2006.[2][3] Procera shifted the company product strategy to the Netintact product lines.

From 2006 to 2008, Procera sold inexpensive (less than 2 Gbit/s) traffic management products to small operators and enterprises, to operators like Com Hem in Sweden.[4] In September 2007, Procera Networks became listed on the American Stock Exchange with stock symbol PKT.[5]

Beginning in 2008, Procera began focusing on larger carriers and mobile operators. Several customers reported they use Procera's technology, such as Yoigo[6] and Genband, which resells Procera products as its P-Series products.[7]

Procera was named one of the fastest growing network companies by Deloitte for 2010 and 2011 as part of its Deloitte Fast 500 study.[8] On June 24, 2011, Procera Networks joined the Russell 3000 Index.[9] In December 2011, Procera moved to the NASDAQ stock exchange using the symbol PKT.[10]

In 2013, Procera bought Vineyard Networks, a Canadian DPI company for C$28 million.[11]

Technology

Procera offers policy enforcement technology based on their version of deep packet inspection (DPI) called the Datastream Recognition Definition Language (DRDL). DRDL uses properties of applications for identification purposes, and this allows operators to manage subscriber traffic based on the application, similar to many DPI products.

See also

References

  1. ↑ "Procera Networks, Netintact AB to merge". San Jose Business Journal. May 18, 2006.
  2. ↑ "Procera, Netintact Plan Merger". Press Release (Light Reading). May 19, 2006. Retrieved July 26, 2013.
  3. ↑ "Procera, Netintact Merge". Press Release (Light Reading). June 30, 2006. Retrieved July 26, 2013.
  4. ↑ "Scandinavia's Largest Cable Operator, Com Hem, Extends Procera Networks' PacketLogic Implementation". Press release (Procera). Archived from the original on April 15, 2012. Retrieved June 13, 2013.
  5. ↑ "American Stock Exchange Lists the Common Stock of Procera Networks, Inc.".
  6. ↑ Michelle Donegan (March 8, 2011). "Spanish Mobile Challenger Wields DP". Light Reading. Retrieved June 13, 2013.
  7. ↑ "GENBAND Bolsters Industry-Leading Portfolio with Deep Packet Inspection Technology from Procera Networks". Press release. July 22, 2010. Retrieved June 13, 2013.
  8. ↑ "2011 Technology Fast 500 Rankings" (PDF). Deloitte. October 17, 2011. Retrieved June 13, 2013.
  9. ↑ "Procera Networks joins RUSSELL 3000 INDEX".
  10. ↑ "Procera Networks Announces Move to The NASDAQ Stock Market". News release. Yahoo Finance. December 15, 2011. Retrieved June 13, 2013.
  11. ↑ Ingrid Lunden. "Procera Networks Buys Vineyard Networks For $28M To Beef Up Its Deep Packet Inspection Capabilities". Tech Crunch. Retrieved June 13, 2013.

External links

This article is issued from Wikipedia - version of the Wednesday, November 04, 2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.