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Nokia Plans to Acquire Gainspeed to Expand into Cable Market

Nokia Plans to Acquire Gainspeed to Expand into Cable Market Image Credit: Nokia/Gainspeed

Nokia 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. Upon the closing of the planned transaction, Gainspeed would become part of Nokia's Fixed Networks business group.

Gainspeed which was founded in 2012 and is privately held, 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 which enables cable operators to meet growing customer demand for high-speed data services and IP video, would strategically diversify Nokia's product portfolio for cable access customers and expand Nokia's footprint in this growing market. 

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, said Nokia.

Federico Guillen, president of Nokia's Fixed Networks business group 
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.

Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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