Procera Networks signs contracts with Orange Switzerland and North American DSL operator
Feb 28, 2013 (M2 EQUITYBITES via COMTEX) --
Intelligent policy enforcement company Procera Networks Inc (NASDAQ:PKT) has entered into a multi-year contract with Orange Switzerland, the company said today.
The initial order with the Swiss mobile operator includes Procera's leading edge Intelligent Policy Enforcement solutions, specifically the PL8820, PacketLogic Intelligence Center (PIC) and the PacketLogic Subscriber Manager (PSM). These will be deployed throughout its network, replacing an existing solution, and will be used by Orange to offer high value subscriber services.
Financial details were not revealed, but Procera expects to recognise most of the revenue related to this order in the first half of 2013.
Separately, Procera announced today that it has agreed an initial order with a top-five North American DSL operator. The unnamed carrier will make use of 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.
Revenue from this order was recognised by Procera in the fourth quarter of 2012.
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