Nokia Buying Gainspeed to Get Virtual CCAP

June 10, 2016
Nokia (NYSE:NOK) plans to acquire Gainspeed, a U.S.-based startup specializing in distributed access architecture (DAA) solutions for the cable ...

Nokia (NYSE:NOK) plans to acquire Gainspeed, a U.S.-based startup specializing in distributed access architecture (DAA) solutions for the cable industry via its Virtual CCAP product line.

The deal is intended to diversify Nokia's cable access product portfolio and expand the company's footprint in the market. Upon the closing of the planned transaction, Gainspeed would become part of Nokia's Fixed Networks business group.

Virtual CCAP is intended to enable cable operators to increase the capacity of their existing HFC infrastructure and deploy new services, while simultaneously reducing space and power requirements in the headend. At the same time, customers can migrate their networks to a software-driven, all-IP architecture.

Federico Guillen, president of Nokia's Fixed Networks business group, said: "We are very excited to have Gainspeed, the technology leader in its field, joining us. Cable is one of the fastest growing areas in our fixed networks business, and we are committed to delivering a complete solution set to cable operators. Gainspeed's Virtual CCAP perfectly complements our leading fiber access solutions for cable MSOs."

Gainspeed was founded in 2012 and is privately held. It is located in Sunnyvale, CA, and employs approximately 70 people. The planned transaction is expected to close in Q3 2016, subject to customary closing conditions.

Nokia bought Alcatel-Lucent in January.

About the Author

BTR Staff

EDITORIAL
STEPHEN HARDY
Editorial Director and Associate Publisher
[email protected]
MATT VINCENT
Senior Editor
[email protected]
SALES
KRISTINE COLLINS
Business Solutions Manager
(312) 350-0452
[email protected]
JEAN LAUTER
Business Solutions Manager
(516) 695-3899
[email protected]

Sponsored Recommendations

Data Center Interconnection

June 18, 2024
Join us for an interactive discussion on the growing data center interconnection market. Learn about the role of coherent pluggable optics, new connectivity technologies, and ...

The Journey to 1.6 Terabit Ethernet

May 24, 2024
Embark on a journey into the future of connectivity as the leaders of the IEEE P802.3dj Task Force unveil the groundbreaking strides towards 1.6 Terabit Ethernet, revolutionizing...

AI’s magic networking moment

March 6, 2024
Dive into the forefront of technological evolution with our exclusive webinar, where industry giants discuss the transformative impact of AI on the optical and networking sector...

Supporting 5G with Fiber

April 12, 2023
Network operators continue their 5G coverage expansion – which means they also continue to roll out fiber to support such initiatives. The articles in this Lightwave On ...