Procera Networks selected by Tier 1 U.S. fixed-line operator Procera Networks announced it has received an initial order from a top five North American DSL operator. The carrier selected Procera's Intelligent Policy Enforcement systems to support detailed subscriber-aware traffic analysis and reporting across its fixed-line broadband network and for sophisticated network and subscriber analytics across its deployment footprint. Procera recognized revenue from this initial order in 4Q12.
Procera Networks jumps after report of launching sale exploration Procera Networks shares are up 3.6% to $9.01 in afternoon trading after The Deal said the company has bowed to activist pressure and has hired Stifel to help it explore a potential sale. The Deal previously reported that Procera could get $12 per share or more in an auction.