Market Overview

Procera Receives $6 Million Second Follow-On Order From Leading North American Cable MSO

Procera Networks, Inc. (NYSE: PKT) today announced it has received a $6 million second follow-on order from a leading North American Cable MSO. This second follow-on order comes just six months after the MSO awarded an initial $2 million follow-on order in April 2011.

Procera's PacketLogic technology is being deployed in all of the MSO's geographies, replacing a leading competitor. Procera first won the operator's business in 2010 and expects further growth as the operator expands its footprint and continues the competitive replacement.

"This significant second follow-on order reflects Procera's strength in mature markets and the growing importance of reporting and analytics capabilities for this customer," said Cam Cullen, vice president of global marketing at Procera.

"MSOs need to understand what type of traffic and applications are driving network usage. They require reliable and detailed analytics that they can use to formulate new service plans and target demographics. Our reporting on video usage, quality of experience and popularity of content providers is priceless when growth forecasts for capital expenditures require detailed information quickly," he said.

Posted-In: News Contracts

 

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