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In Pictures: IT deal book of 2013
Our running list of mergers and acquisitions
Category: Security
Buyer: Procera Networks
Acquisition: Vinyard Networks
Why: Procera Networks sells network intelligence systems that enforce security, traffic management and other policies. Vinyard Networks is a leader in deep packet inspection tools sold on an OEM basis to the enterprise market. Procera plans to extend its network policy enforcement devices, dubbed PacketLogic Solutions, into the area of deep packet inspection with its acquisition of Vinyard Networks. Based in Fremont, Calif., Procera Networks is a publicly traded company that earned $15.6 million in revenues last year. Vinyard Networks is based in Kelowna, British Columbia, has 34 employees and is expected to earn $4 million in revenue in 2013.
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