High Quality Content by WIKIPEDIA articles! Packeteer (NASDAQ: PKTR), founded in 1996 by Robert Packer and Brett Galloway, was an I.T. company based in Cupertino, California listed on the NASDAQ. Networking appliances focus on Application Traffic Management and optimization for wide area networks. They held at least 40 patents for various network optimization methods. Packeteer was acquired by Blue Coat Systems in 2008.