Procera (PKT -3.5%) slips after announcing it's expanding into the enterprise deep packet...

|About: Procera Networks, Inc (PKT)|By:, SA News Editor

Procera (PKT -3.5%) slips after announcing it's expanding into the enterprise deep packet inspection hardware market by acquiring startup Vineyard Networks for CAD$28M ($28.3M) - 55% in stock, and 45% in cash. Vineyard's enterprise solutions complement Procera's service provider gear, and give companies a way of analyzing and prioritizing data traffic stemming from cloud services, BYOD hardware, and other external sources. Procera sees Vineyard adding $4M-$5M to its 2013 revenue, slightly diluting 2013 EPS, and boosting 2014 EPS.