What's the Story? Vecima makes a $20M play for Casa's cable business

In a court-supervised Chapter 11 process, Casa Systems will sell its cable business to the highest bidder, and the bulk of its mobile assets to Lumine Group.

At a Glance

  • Casa Systems issues a Chapter 11 filing. Vecima Networks will purchase the company's cable business for $20 million (00:58)
  • Casa sells 5G mobile core and RAN assets to Lumine Group (01:54)
  • Vecima could benefit from Casa's work on virtual CMTS (04:54)

Light Reading's Jeff Baumgartner joins the podcast to discuss Casa System's Chapter 11 filing and the company's plans to sell off its 5G and cable assets. 

We discuss what this means for Vecima Networks, which plans to purchase Casa's cable business for $20 million. We also discuss how this could impact the development of virtual CMTS, which was a key focus area for Casa.

For a lightly edited transcript, please click the caption button in the video toolbar.

Here are a few topics we covered:

  • Casa Systems issues a Chapter 11 filing. Vecima Networks plans to purchase the company's cable business for $20 million (00:58)

  • Casa sells 5G mobile core and RAN assets to Lumine Group (01:54)

  • Why NetComm, Casa's fixed wireless access unit, was not part of the Chapter 11 process (03:19)

  • Vecima could benefit from Casa's work on virtual CMTS (04:54)

Read more about:

What's the Story

About the Author(s)

Kelsey Ziser

Senior Editor, Light Reading

Kelsey is a senior editor at Light Reading, co-host of the Light Reading podcast, and host of the "What's the story?" podcast.

Her interest in the telecom world started with a PR position at Connect2 Communications, which led to a communications role at the FREEDM Systems Center, a smart grid research lab at N.C. State University. There, she orchestrated their webinar program across college campuses and covered research projects such as the center's smart solid-state transformer.

Kelsey enjoys reading four (or 12) books at once, watching movies about space travel, crafting and (hoarding) houseplants.

Kelsey is based in Raleigh, N.C.

Jeff Baumgartner

Senior Editor, Light Reading

Jeff Baumgartner is a Senior Editor for Light Reading and is responsible for the day-to-day news coverage and analysis of the cable and video sectors. Follow him on X and LinkedIn.

Baumgartner also served as Site Editor for Light Reading Cable from 2007-2013. In between his two stints at Light Reading, he led tech coverage for Multichannel News and was a regular contributor to Broadcasting + Cable. Baumgartner was named to the 2018 class of the Cable TV Pioneers.

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