Friday, November 20, 2015

Sandvine Receives $4 Million Order

Sandvine reported an expansion order for more than $4 million from a major fixed line Communications Service Provider in North America that has been a customer since 2005. The purchase relates to Sandvine's Policy Traffic Switch (PTS) 32000 hardware. Approximately $1 million of the order value is expected to be recognized as revenue in the company's fourth quarter, with the remainder to be recognized in FY 2016.

In its 2RU form factor, the PTS 32000 delivers PCEF/TDF functionality at with support for 100GE, 40GE, and 10GE interfaces.

"This is now the fourth generation of our Policy Traffic Switch that the customer has deployed," said Tom Donnelly, Sandvine's COO, Sales and Global Services. "Sandvine prides itself on its history of innovation. Only by continuing to deliver industry-leading products like the PTS 32000 can we deliver value for a customer of this quality for over 10 years."

http://www.sandvine.com

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