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Procera Acquires Vineyard Networks for Enterprise DPI

Staff

Procera Networks agreed to acquire Vineyard Networks, a developer of deep packet inspection (DPI) technology for the enterprise market, for $28.0 million CAD, comprised of $15.4 million CAD in Procera common stock and $12.6 million CAD in cash.

Vineyard’s Network Application Visibility Library (NAVL) is a deep packet inspection ( DPI) that provides real-time, Layer-7 classification of all network application traffic. It provides the application visibility that enables developers of firewalls, unified threat management (UTM) and other network security and management solutions to apply and enforce application admission, control and performance policies for their enterprise and service provider customers.  NAVL is delivered as a software developer kit for integration into network infrastructure platforms.

Procera said the acquisition will extend its Intelligent Policy Enforcement business into the growing Enterprise DPI market.

“Every network element will require intelligence. Our strategic vision is to enable networks of any size to have the intelligence needed to operate effectively. Procera directly addresses this need for service providers of all types through our PacketLogic solutions. Vineyard enables Procera to expand our total addressable market through their OEM business to include enterprise network equipment vendors, adding the entire enterprise space along with additional opportunities in the service provider OEM market. The addition of Vineyard, which has 34 employees mostly in engineering and product development, establishes Procera as the clear leader in the high-growth DPI market,” stated James Brear, Procera’s President and CEO.

Vineyard was founded in 2008 by Jason Richards (CEO), Derek Lownsbrough (CTO/VP R&D) and Josh Zieske (VP Technology Operations). Vineyard is based in Kelowna, British Columbia.

http://www.proceranetworks.com

http://www.vineyardnetworks.com

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