Wednesday, September 11, 2013
Procera Networks continues to announce large orders - this time "it has received another multi-million dollar expansion order from a Tier 1 service provider in Western Europe. This customer previously selected the PacketLogicTM PL20000 following extensive competitive product evaluation and testing that included many stand-alone and integrated competitors. This large subsequent expansion order was placed in quick succession to an order that was announced in early August [see "[Rumors]: Procera Mega-Carrier is .." - here] .. Procera expects to recognize the revenue from this follow-on order in the second half of 2013".
Procera's shares added 8.3% yesterday following the announcement.
See "Procera Networks Receives Another Multi-Million Dollar Follow-on Order from Tier 1 Western European Operator" - here