**Editor's Note: Please click here for the biggest M&A in the service-provider and BSS/OSS spaces in Q4 2012.**
Fremont, Calif.-based Procera Networks is buying Vineyard Networks, a vendor in the enterprise OEM DPI (deep packet inspection) market. Procera expects the acquisition to help it extend its intelligent policy enforcement business into this growing 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," said James Brear, Procera's president and CEO.
"Procera and [Kelowna, B.C.-based] Vineyard have natural synergies," said Jason Richards, Vineyard's CEO. "Vineyard's leadership in Enterprise DPI combined with Procera's industry-leading suite of PacketLogic products provides customers and partners with a single solution for intelligence, analytics and enforcement."
Consumer, enterprise and service-provider network operators are searching for solutions that provide better visibility and control in an ever-changing landscape of applications, content owners and content-delivery networks. Existing network solutions that do not have sophisticated network intelligence cannot effectively meet the Quality of Experience expectations of broadband subscribers, Procera noted. "Powered by Procera" solutions will deliver superior visibility and enable a variety of use cases, the company said.
Procera is paying $28 million (CAD) for the Canadian company. The deal is subject to customary closing conditions, but is expected to wrap by mid month.
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