Sandvine rises after booking $8-million in new orders

Sandvine today announced that its board has approved an open market stock buyback program for the purchase of up to approximately 12.5 million common shares over a one-year period. The number is nearly 10% of the 138,551,030 shares it had issued and outstanding yesterday.

Shares of Sandvine (TSX:SVC) are up today after yesterday announcing it had received $8-million in orders from three different “Tier 1″ operators. The company said the orders for its policy-traffic-switch platform and software licenses associated with it came from operators in the the Middle East and Africa Asia-Pacific region, Europe, and North America. A full […]

“I Love My BlackBerry,” Proclaims Kim Kardashian at Re/code’s Code/Mobile Conference

“I love my BlackBerry. I don’t understand the reaction I get when I say that.”

Kim Kardashian revealed her love for BlackBerry on Monday, at the Code/Mobile conference in Half Moon Bay, California, going so far as to describe the phone as “my heart and soul” in an on-stage interview with Re/code’s Kara Swisher. “I love my BlackBerry. I don’t understand the reaction I get when I say that,” Kardashian […]

Tech IPOs in Canada? Really? Wildeboer Dellelce’s Rob Fonn talks funding options

rob fonn

It’s a curious time in the Canadian tech funding landscape. Most everyone involved in the Canadian technology scene would agree that the pool of privately listed companies is at least as strong as those that are already public. Many think of stalwarts Hootsuite, Shopify and Desire2Learn as falling into this category. But there is another […]

What will Sandvine CTO Don Bowman tell the FCC Friday?

Sandvine CTO Don Bowman holds several US patents relevant to the discussions, including one entitled Systems and Methods for Traffic Management.

Sandvine (TSXV:SVC) Chief Technology Officer Don Bowman has been invited to an FCC roundtable on an Open Internet. Bowman is one of seven industry experts who will attend the meeting in Washington D.C this Friday. Sandvine has been active in the debate over an open internet which heated up earlier this year following contentious comments […]

BlackBerry shares rise on Movirtu acquisition

London-based Movirtu enables multiple phone numbers to be active from one device.

Shares of BlackBerry (TSX:BB) are up today after the company announced it had acquired Movirtu, an English company that enables multiple phone numbers to be active from one device. The company, which was founded in 2008, says its solution solves the problem of ownership in a Bring Your Own Device (BYOD) world by assigning a […]

Buy Sandvine on weakness, say Cormark analyst Tse

Sandvine CEO Dave Caputo.

The revenue warning Sandvine (TSX:SVC) delivered to the market this week might remind some of the company’s struggles in 2011 and 2012 when there were larger structural issues at play, but this shortfall will prove to be minor, says Cormark analyst Richard Tse. Yesterday, Sandvine issued a press release in which CEO Dave Caputo said […]

Sandvine tumbles after Q3 revenue warning

sandvine-head-office

Shares of Sandvine (TSX:SVC) are down today after the company warned its upcoming Q3 revenue would not meet street expectations. The company said it expects its topline will come in at between (U.S.) $27.5-million and $28.0-million. “Our results this quarter highlight the challenges related to the timing of closing larger opportunities,” said CEO Dave Caputo. […]

Sandvine is “best of breed” in network intelligence solutions, says M Partners

sandvine2

Sandvine (TSX:SVC) could be on the cusp of a huge opportunity in wireless, says M Partners analyst Manish Grigo. In a research report to clients this morning, Grigo initiated coverage of Sandvine with a “Buy” rating and a one-year target of $4.50, implying a return of 38.5% at the time of publication. Grigo says Sandvine’s […]