Nokia plans to buy Gainspeed to expand footprint in cable market
Finnish telecom gear maker Nokia said that it is planning to buy US-based startup Gainspeed in order to expand its footprint in the cable market globally. Gainspeed specializes in DAA (Distributed Access Architecture) solutions for the cable industry via its Virtual CCAP (Converged Cable Access Platform) product line. Founded in 2012, the startup is privately held. It is located in Sunnyvale, California, and employs approximately 70 people. The planned transaction is... Read More