Vecima Networks, an experienced designer and manufacturer of innovative technology in the broadband equipment market, Thursday announced that the company has shipped over $3.6 million of its new digital video access platforms this year.
According to Vecima, the milestone signifies the initiation of the deployment phase after successful conclusion of approval testing by the first set of a group of major MSO customers.
In March 2012, the Company announced the contract award for the platform in which the Company's OEM customer committed to a purchase volume of $19 million within two years of approval.
“The initial ramp in deployment demonstrates that we've achieved an important milestone in meeting this market need. Vecima expects to receive approval from additional cable companies in the short term. Vecima's digital video access platform is required to provide critical two way communications to an extensive network of video subscriber devices. The solution provides cable operators with appreciable power savings (over 60%) and a form factor that is substantially smaller (less than 10%) than previous solutions.”
- Sumit Kumar, President and CEO of Vecima