Company:Procera Networks

From HandWiki
Procera Networks
TypePrivately held company
IndustryNetworking Hardware and Software
Founded2002
HeadquartersFremont, California
Key people
Lyndon Cantor (President and CEO)
Richard Deggs, CFO
Alexander Haväng, Founder, Chief Technology Officer
Cam Cullen, VP of Global Marketing
Websitewww.proceranetworks.com
Logo of Netinact before merger

Procera Networks is a networking equipment company based in Fremont, California, United States, that designs and sells Network Intelligence solutions[buzzword] based on deep packet inspection (DPI) technology. Procera sells solutions[buzzword] to telecom operators, governments, enterprises, and network equipment vendors in the areas of Analytics, Traffic Management, Policy and Charging Control, and Service Provider Compliance.

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 Can$28 million.[11] The Vineyard product is sold on the market as Network Application Visibility Library (NAVL) to network equipment vendors.

In 2015, Procera was acquired by Francisco Partners, a private equity firm based in San Francisco [12] Procera now operates as a private company and is no longer listed on NASDAQ. In 2017, Francisco Partners acquired Sandvine and merged it with Procera.[13]

Technology

Procera offers Network Intelligence solutions[buzzword] 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. Procera offers over 100 use cases in Analytics, Traffic Management, Policy Enforcement, and Service Provider Compliance.

Controversy

In October 2016 it was alleged that Procera had sold its DPI software to the government of Turkey via the telecoms company Turk Telecom in order to reveal the usernames and passwords of people visiting unencrypted websites. According to Forbes, there was significant internal opposition from technologists working for Procera to the sale. Current and former employees are said to have told Forbes that 'Turk Telekom requested not just a feed of subscribers’ usernames and passwords for unencrypted websites, but also their IP addresses, what sites they’d visited and when.'[14]

See also

References

  1. "Procera Networks, Netintact AB to merge". San Jose Business Journal. May 18, 2006. http://www.bizjournals.com/sanjose/stories/2006/05/15/daily48.html. 
  2. "Procera, Netintact Plan Merger". Press Release (Light Reading). May 19, 2006. http://www.lightreading.com/service-management/procera-netintact-plan-merger/240073827. 
  3. "Procera, Netintact Merge". Press Release (Light Reading). June 30, 2006. http://www.lightreading.com/ip-convergence/procera-netintact-merge/240069724. 
  4. "Scandinavia's Largest Cable Operator, Com Hem, Extends Procera Networks' PacketLogic Implementation". Press release (Procera). http://www.proceranetworks.com/en/recent-press-releases-archive/228-scandinavias-largest-cable-operator-com-hem-extends-procera-networks-packetlogic-implementation.html. 
  5. "American Stock Exchange Lists the Common Stock of Procera Networks, Inc.". http://www.prnewswire.com/news-releases/american-stock-exchange-lists-the-common-stock-of-procera-networks-inc-58160487.html. 
  6. Michelle Donegan (March 8, 2011). "Spanish Mobile Challenger Wields DP". Light Reading. http://www.lightreading.com/policy-control/spanish-mobile-challenger-wields-dpi/240131585. 
  7. "GENBAND Bolsters Industry-Leading Portfolio with Deep Packet Inspection Technology from Procera Networks". Press release. July 22, 2010. http://www.genband.com/media-center/press-releases/genband-bolsters-industry-leading-portfolio-deep-packet-inspection-techn. 
  8. "2011 Technology Fast 500 Rankings". Deloitte. October 17, 2011. http://www.deloitte.com/assets/Dcom-UnitedStates/Local%20Assets/Documents/TMT_us_tmt/us_TMT_2011%20Technology%20Fast%20500%20Winners%20Brochure_101811.pdf. 
  9. "Procera Networks joins RUSSELL 3000 INDEX". http://www.zacks.com/research/get_news.php?id=181u9010. 
  10. "Procera Networks Announces Move to The NASDAQ Stock Market". News release. Yahoo Finance. December 15, 2011. https://finance.yahoo.com/news/Procera-Networks-Announces-iw-141501647.html. 
  11. Ingrid Lunden (7 January 2013). "Procera Networks Buys Vineyard Networks For $28M To Beef Up Its Deep Packet Inspection Capabilities". Tech Crunch. https://techcrunch.com/2013/01/07/procera-networks-buys-vineyard-networks-for-28m-to-beef-up-its-deep-packet-inspection-capabilities/. 
  12. "Francisco Partners Announces Results of Tender Offer". www.businesswire.com (Press release). 5 June 2015. Retrieved 2017-06-26.
  13. Scott, Bicheno (2017-07-17). "Sandvine and Procera announce network intelligence merger" (in en-GB). Telecoms.com. http://telecoms.com/483463/sandvine-and-procera-announce-network-intelligence-merger/. 
  14. Fox-Brewster, Thomas (25 October 2016). "Is An American Company's Technology Helping Turkey Spy On Its Citizens?". Forbes. https://www.forbes.com/sites/thomasbrewster/2016/10/25/procera-francisco-partners-turkey-surveillance-erdogan/#685d908975ce.