CommScope has won the auction for busted rival Casa System’s cable network assets with a knockout $45.1 million (€41.4m) bid. That price was more than twice the $20 million tabled in April by Canadian software company Vecima Networks. Vecima, which had hoped Casa’s assets would accelerate its quest to run down Harmonic in the race […]
Vecima Networks has entered into an asset purchase agreement (APA) to acquire the Cable Business assets of Casa Systems and certain of Casa’s subsidiaries. Under the APA, Vecima, or its affiliates, will acquire substantially all the assets of Casa’s Cable Business for a purchase price of $20 million (€18.4m). To facilitate the sale, Casa and […]
Vecima Networks Inc. (TSX: VCM) will showcase industry leadership at ANGA COM 2022 with technology demonstrations and panel presentations highlighting DOCSIS 4.0, Remote MACPHY, 10G PON, and low latency HLS video. Technologies to be on display and demonstrated Vecima will show innovative Remote MACPHY modules and node platforms for Cable Access networks, along with next-generation […]
Nokia and Vecima Networks have announced plans for Vecima to acquire next-gen technology and products for cable service providers. Under the agreement, Nokia’s Gainspeed portfolio along with all supporting technology and assets will transition to Vecima Networks. The planned deal is expected to close quickly subject to customary closing conditions. Financial details are not being […]