Nokia plans to expand its footprint in the cable market by acquiring Gainspeed
June 09 2016 - 9:05PM
- Pioneer in Distributed Access Architecture complements Nokia's
fiber access portfolio
Nokia today announced plans to acquire Gainspeed, a
US-based start-up specializing in DAA (Distributed Access
Architecture) solutions for the cable industry via its Virtual CCAP
(Converged Cable Access Platform) product line. Gainspeed is widely
regarded as the industry leader in DAA, which the cable industry
has adopted as its next generation solution to address increasing
capacity requirements.
Gainspeed's Virtual CCAP solution would strategically diversify
Nokia's product portfolio for cable access customers and expand
Nokia's footprint in this growing market. Upon the closing of the
planned transaction, Gainspeed would become part of Nokia's Fixed
Networks business group.
Virtual CCAP enables cable operators to meet growing customer
demand for high-speed data services and IP video. With Virtual
CCAP, cable operators can increase the capacity of their existing
HFC (Hybrid Fiber Coax) infrastructure and rapidly deploy new
services, while simultaneously reducing space and power
requirements in the headend. At the same time, customers can
cost-effectively migrate their networks to a software-driven,
all-IP architecture. With the acquistion of Gainspeed, Nokia would
have an extendible and flexible platform that can host the future
innovations of the cable industry.
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, California, and employs approximately
70 people. The planned transaction is expected to close in Q3 2016,
subject to customary closing conditions.
About Nokia Nokia is a global leader in the technologies
that connect people and things. Powered by the innovation of Nokia
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