Tech Company M&A Transactions
Gainspeed Acquisition
Gainspeed, based in Sunnyvale, was acquired by Nokia. The companies did not announce the acquisition terms for the deal.
Transaction Overview
Company Name
Acquired By
Announced On
6/10/2016
Transaction Type
M&A
Amount
Unknown
M&A Terms
Gainspeed's Virtual CCAP solution would strategically diversify Nokia's product portfolio for cable access customers and expand Nokia's footprint in this growing market. Upon the closing of the planned transaction, Gainspeed would become part of Nokia's Fixed Networks business group. Financial terms of the transaction were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
295 Santa Ana Court
Sunnyvale, CA 94085
USA
Sunnyvale, CA 94085
USA
Phone
Website
Email Address
Overview
Gainspeed enables cable operators to meet skyrocketing capacity requirements, respond to changing market demands, and rapidly deploy new services all while cost-effectively migrating their networks to a software-driven, all-IP architecture.
Management Team
Title
Name
Email & Social
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