The Waterloo, Ont.-based company, which monitors computer networks to ensure they’re running smoothly, has been removed from the U.S. Department of Commerce’s entity list following changes to its corporate governance and business practices, the department said. The list flags foreign companies deemed to threaten national security. (The Logic)
Talking point: Sandvine was blacklisted in February for providing “mass web-monitoring and censorship” technology to the Egyptian government. Several of its clients, including Microsoft, Zoom and Salesforce, cut ties with the firm as a result. The company has gone through an ownership change since then, from Francisco Partners—a U.S. private equity firm that bought Sandvine in 2017—to a group of undisclosed investors. Under the new ownership, the company is moving to a model where its technology is only sold in democratic countries, it said in a press release. It’s exited 32 “non-democratic” countries in recent months and plans to leave another 24.