Nokia to sell off DOCSIS assets to Vecima
Created July 31, 2020Nokia has announced plans to sell off its cable access portfolio to Canada-based Vecima for an undisclosed sum. The deal covers Nokia’s Unified Cable Access solution, which includes the Gainspeed portfolio of products, a centrally controlled Distributed Access Architecture (DAA) solution with unified support for Flexible MAC DAA nodes for Hybrid Fiber-Coaxial (HFC) networks and DOCSIS Provisioning of EPON (DPoE) nodes for FTTH/B. The portfolio also includes a DAA video engine and a chassis based EPON/DPoE solution for non-HFC network implementations.
Employees who currently support the Nokia DOCSIS DAA and EPON/DPoE portfolios are expected to transition to Vecima, however Nokia will retain its remaining cable-related products and the companies say they intend to maintain an ongoing business relationship, including resell agreements for key, enabling technologies, to address unified cable access opportunities.
“Our cable access solutions have played a very important role in helping to redefine next generation cable solutions and our customers’ strategies for addressing evolving network demands using distributed architectures,” said Sandra Motley, president of Fixed Networks at Nokia. “However, the industry continues to go through significant shifts, and we believe the timing is right to transition our cable access business to Vecima Networks. Vecima has the focus, resources and complementary product portfolio needed to support these changes and help operators move toward a Distributed Access Architecture.”
“Nokia’s portfolio to be acquired aligns perfectly with Vecima Networks’ strategy to provide open, independent, and future-proof cable access solutions that support a multi-vendor ecosystem,” said Sumit Kumar, President and CEO at Vecima Networks. “The addition of these products and world-class talent broadens our DAA platform and adds 10G-EPON products to our portfolio. In addition to expanding the products and services we are providing to existing customers, we look forward to partnering with service providers around the globe we don’t currently do business with.”
For more information, visit www.nokia.com