Vector Capital to acquire Waterloo’s Sandvine for C$483 mln

Canadian policy control solutions provider Sandvine Corp has agreed to be acquired by Vector Capital. The U.S. private equity firm will acquire all of the company’s shares, other than certain shares held by management, for C$3.80 per unit, which implies an equity value for Sandvine of about C$483 million. Founded in 2001, Sandvine provides its technology to more than 300 networks in more than 100 countries. It was venture-backed before going public in 2006.

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