M&A Deal Summary

Vecima Acquires Casa Systems - Cable Business

On April 3, 2024, Vecima acquired communications company Casa Systems - Cable Business from Casa Systems for 20M USD

Acquisition Highlights
  • This is Vecima’s 2nd transaction in the Communications sector.
  • This is Vecima’s 2nd largest (disclosed) transaction.
  • This is Vecima’s 3rd transaction in the United States.
  • This is Vecima’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2024-04-03
Target Casa Systems - Cable Business
Sector Communications
Buyer(s) Vecima
Sellers(s) Casa Systems
Deal Type Divestiture
Deal Value 20M USD

Target

Casa Systems - Cable Business

Andover, Massachusetts, United States
Casa Systems' Cable Business provides next-generation cable modem transmission systems.

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Buyer(S) 1

Buyer

Vecima

Victoria, British Columbia, Canada

website

Category Company
Founded 1988
Sector Information Technology
Employees469
Revenue 187M CAD (2022)
DESCRIPTION

Vecima is a provider of technology solutions that empower network service providers to connect people and enterprises to information and entertainment worldwide. Vecima products for the cable industry allow service providers a cost-effective Last Mile Solution® for both video and broadband access, especially in the demanding business services market segment. Vecima was founded in 1988 and is based in Victoria, Canada.

DEAL STATS #
Overall 3 of 3
Sector (Communications) 2 of 2
Type (Divestiture) 3 of 3
State (Massachusetts) 1 of 1
Country (United States) 3 of 3
Year (2024) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-29 Gainspeed

Sunnyvale, California, United States

Gainspeed is a provider of Virtual CCAP (Converged Cable Access Platform) products that include support for Distributed Access Architecture (DAA). The company allows high-bandwidth data transfer to cable television systems. It also includes a DAA video engine and a chassis-based EPON/DPoE solution for non-HFC network implementations.

Buy -

Seller(S) 1

SELLER

Casa Systems

Andover, Massachusetts, United States

website

Category Company
Founded 2003
Sector Communications
Employees1,004
Revenue 401M USD (2021)
DESCRIPTION

Casa Systems provides the core-to-customer building blocks to speed your 5G transformation with future-proof solutions for all access types and cutting-edge bandwidth. The company provides next-generation cable modem transmission systems and intelligent video processing solutions for broadcast and unicast services worldwide. Casa Systems was founded in 2003 and is based in Andover, Massachusetts.

DEAL STATS #
Overall 2 of 2
Sector (Communications) 1 of 1
Type (Divestiture) 2 of 2
State (Massachusetts) 1 of 1
Country (United States) 2 of 2
Year (2024) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-03 Axyom Cloud Native 5G Core Software & RAN Assets

United States

Axyom Cloud Native 5G Core Software & RAN Assets provides cloud-native 5G network functions (CNFs) in the core and access networks.

Sell -
Mergr

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