Sandvine - Middle East News 247
January 21, 2025
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Sandvine

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Sandvine Announces Comprehensive Restructuring Transaction

Sandvine Corporation and certain of its affiliates and subsidiaries (“Sandvine” or the “Company”) today announced that it has commenced proceedings under the Companies’ Creditors Arrangement Act (“CCAA”) in the Ontario Superior Court of Justice (Commercial List) and is in the process of commencing a companion recognition proceeding under Chapter 15 of Title 11 of
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Sandvine Announces New Ownership and Capital Infusion

Sandvine (the “Company”), a market-leading provider of Over-the-Top (OTT) Application Classification and Quality of Experience (QoE) solutions, today announced that it has been acquired by a group of leading US investment firms that previously were, and continue to be, lenders to the Company. In connection with this change of control transaction, the lenders agreed to […]