It's that Gigabites time again. In today's edition, Nokia invests in the cable gigabit market, Huawei claims an industry-first 10-Gig platform for HFC networks, several service providers expand their gigabit deployments and more.
The decision is a way for Nokia to show it's serious about working with the cable industry, but it's also a boon for Gainspeed's technology, which now has a greater chance of adoption with the resources of Nokia behind it. Gainspeed has only been around since 2012, and while it has garnered fans in the industry, cable operators are notoriously squeamish about deploying solutions from startup companies, fearing that the solutions won't scale.
Prior to the acquisition announcement, Gainspeed had raised $55 million through a series of investment rounds. The company has not announced any commercial customers, but WideOpenWest Holdings LLC (WOW) now says it's been testing the Gainspeed solution and preparing to deploy it in conjunction with a strategy to deliver gigabit services.
— Mari Silbey, Senior Editor, Cable/Video, Light Reading