Saturday, October 1, 2011
"After issuing a steady stream of news releases over the past two months [here], it is clear Procera has secured at least $15M in orders in Q3, almost 60% above the bookings of the first two quarters combined .. Over the next two years, Procera will be able to bite into a market that is poised to double from $518M to $1.14B .. "
"F5 was previously rumored to be considering Allot Communications [here and here], but after forming a partnership with Procera earlier this year [here], we think the odds for an F5 takeout of Procera have certainly increased. After all, wouldn’t it make sense for F5 to take a “look under the hood” before any takeover would occur? We think so"
Note that Procera has a more meaningful OEM agreement with Genband (here), although with modest revenues so far (here).
See "Procera Networks Inc. Is Riding The Smartphone Revolution" - here. Note the author's discloser statement at the bottom.