VCM | Jotup

Vecima Named Backup Bidder in Bankruptcy Auction for Casa Systems’ Cable Business

Retrieved on:

Giovedì, Maggio 30, 2024

Technology, Audio, Video, Telecommunications, Software, Carriers and Services, Hardware, Hearing, VCM, Business, USD, Sale, Bankruptcy, Growth, Network, Acquisition, United States bankruptcy court, TSX, Auction

Vecima Networks, Inc. (TSX: VCM) (“Vecima”) today announced that its subsidiary, Vecima Technology Inc., was designated the back-up bidder at an auction to acquire the Cable Business assets (the “Cable Business Assets”) of Casa Systems, Inc., with Vecima’s top bid at USD$44.95 million.

Key Points:

Vecima Networks, Inc. (TSX: VCM) (“Vecima”) today announced that its subsidiary, Vecima Technology Inc., was designated the back-up bidder at an auction to acquire the Cable Business assets (the “Cable Business Assets”) of Casa Systems, Inc., with Vecima’s top bid at USD$44.95 million.
Approval of the sale to the winning bidder is subject to approval by the U.S. Bankruptcy Court for the District of Delaware at a hearing next week.
The auction was a competitive day-long process that consisted of multiple rounds of bidding by Vecima and several other interested parties.
“Irrespective of the outcome of the auction, Vecima remains firmly positioned to drive the industry forward to the multi-gigabit networks of the future across both fiber and cable access,” said Sumit Kumar, Vecima President and CEO.

Vecima Networks Inc. Announces Initial Closing of Financing up to C$32 Million

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Mercoledì, Maggio 29, 2024

Vecima anticipates closing an additional 215,300 Subscription Receipts (the “Additional Commitments” and together with the Brokered Private Placement and Non-Brokered Private Placement, the “Financing”) for gross proceeds of C$4,521,300 on May 31, 2024.

Key Points:

Vecima anticipates closing an additional 215,300 Subscription Receipts (the “Additional Commitments” and together with the Brokered Private Placement and Non-Brokered Private Placement, the “Financing”) for gross proceeds of C$4,521,300 on May 31, 2024.
Raymond James Ltd. (“Raymond James” or the “Underwriter”) is acting as sole bookrunner and sole underwriter on the Brokered Private Placement and the Additional Commitments.
The Subscription Receipts are subject to the four-month hold period in accordance with applicable Canadian securities laws.
The Financing is subject to receipt of approval of the Toronto Stock Exchange.

Carbon Credit Market for Agriculture, Forestry, and Land Use - Global and Regional Industry Analysis and Forecasts, 2023-2024 & 2033 - ResearchAndMarkets.com

Retrieved on:

Mercoledì, Maggio 22, 2024

The "Carbon Credit Market for Agriculture, Forestry, and Land Use - A Global and Regional Analysis: Analysis and Forecast, 2023-2033" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "Carbon Credit Market for Agriculture, Forestry, and Land Use - A Global and Regional Analysis: Analysis and Forecast, 2023-2033" report has been added to ResearchAndMarkets.com's offering.
The global carbon credit market for agriculture, forestry, and land use is a dynamic sector analyzed through distinct application and product segments.
Market analysis of the global carbon credit market for agriculture, forestry, and land use employs a comprehensive research methodology.
Combination Project to Dominate Carbon Credit Market for Agriculture, Forestry, and Land Use (by Application)
The global carbon credit market for agriculture, forestry, and land use is shifting toward projects that combine both carbon removal and emissions reduction activities.

Vecima Partners with Net-Com to Propel Entra® DAA Deployment in Denmark

Retrieved on:

Martedì, Maggio 14, 2024

5G, Telecommunications, Software, Networks, Internet, Audio, Video, Technology, Carriers and Services, VCM, PHY, DAA, Senior, Growth, Entra, Vecima Networks, TSX, Renewable energy

The agreement underlines Vecima's ongoing growth in the European market and Net-Com’s commitment to providing advanced networking solutions, while supporting Denmark’s growing demand for Distributed Access Architecture (DAA).

Key Points:

The agreement underlines Vecima's ongoing growth in the European market and Net-Com’s commitment to providing advanced networking solutions, while supporting Denmark’s growing demand for Distributed Access Architecture (DAA).
Vecima's Entra SC-1D Remote MACPHY node, a cornerstone of its Entra DAA product portfolio, equips cable operators to transition their networks toward more efficient and scalable infrastructure.
“We are very proud to be partnering with Vecima,” said Preben Secher Mogensen, CEO of Net-Com.
Vecima will be showcasing its cable and fiber access solutions, including the SC-1D Remote MACPHY Device, at ANGA COM 2024.

Vecima to Deploy Game-Changing MediaScale Open CDN™ Solution with Youcast in Brazil

Retrieved on:

Lunedì, Maggio 13, 2024

Vecima Networks Inc. (TSX: VCM), today announced its successful collaboration with Youcast in bringing the power of its MediaScale Open CDN™ technology to telecommunications and content providers in Brazil.

Key Points:

Vecima Networks Inc. (TSX: VCM), today announced its successful collaboration with Youcast in bringing the power of its MediaScale Open CDN™ technology to telecommunications and content providers in Brazil.
As the Youcast TV platform continues to grow, the company is poised to revolutionize content distribution in its region.
Vecima, recognizing the unique opportunity to make a substantial impact on content distribution in South America, presented its MediaScale Open CDN™ solution to Youcast and was awarded the contract.
Vecima’s MediaScale Open CDN is an implementation of the Streaming Video Technology Alliance’s Open Caching specifications.

Vecima Declares Quarterly Dividend

Retrieved on:

Martedì, Maggio 14, 2024

IOT (Internet of Things), Technology, Audio, Video, Telecommunications, Software, Networks, VCM, Vecima Networks, Policy, TSX

Vecima Networks Inc. (TSX: VCM) today announces that, consistent with its previously announced dividend policy, the Board of Directors has approved a quarterly dividend of $0.055 per common share payable on June 17, 2024, to shareholders of record as at May 24, 2024.

Key Points:

Vecima Networks Inc. (TSX: VCM) today announces that, consistent with its previously announced dividend policy, the Board of Directors has approved a quarterly dividend of $0.055 per common share payable on June 17, 2024, to shareholders of record as at May 24, 2024.
This dividend will be designated as an “eligible dividend” for Canadian income tax purposes.
Future quarterly dividends will be subject to Board approval.

ClearBlue Markets Launches The Sustainability Leader's Guide to the Voluntary Carbon Market

Retrieved on:

Giovedì, Maggio 9, 2024

Carbon, Clearblue, Issue 1, Thought, VCM, Face, Organization, Interest

TORONTO, May 9, 2024 /PRNewswire-PRWeb/ -- ClearBlue Markets, a global leader in carbon market intelligence and advisory services, is excited to announce the launch of The Sustainability Leader's Guide to the Voluntary Carbon Market, a complimentary resource that provides crucial analysis and guidance for sustainability leaders and decision-makers interested in leveraging the voluntary carbon market (VCM) to achieve their goals.

Key Points:

ClearBlue Markets' comprehensive guide is now available through the ClearBlue Vantage carbon intelligence platform, offering expert insights to help businesses navigate the dynamic voluntary carbon market (VCM).
TORONTO, May 9, 2024 /PRNewswire-PRWeb/ -- ClearBlue Markets, a global leader in carbon market intelligence and advisory services, is excited to announce the launch of The Sustainability Leader's Guide to the Voluntary Carbon Market, a complimentary resource that provides crucial analysis and guidance for sustainability leaders and decision-makers interested in leveraging the voluntary carbon market (VCM) to achieve their goals.
The Sustainability Leader's Guide to the Voluntary Carbon Market addresses critical questions from sustainability professionals and provides valuable insights not available elsewhere.
The Sustainability Leader's Guide to the Voluntary Carbon Market is available via the ClearBlue Vantage carbon intelligence platform.

Oka, The Carbon Insurance Company™ (Oka) Expands to Australia and Partners with Clima to Roll Out Insured Carbon Credits

Retrieved on:

Giovedì, Maggio 9, 2024

Carbon, Paragon, PSC, Insurance, Partnership, Government, Climate change, VCM

PARK CITY, Utah and SYDNEY, May 9, 2024 /PRNewswire/ -- Marking the start of its global expansion, Oka, the leading US carbon-credit insurer, has entered a customer agreement with Australian carbon solutions platform Clima.

Key Points:

Protected by Oka's Carbon Protect™ insurance solution, the premium credits will be made available to corporations through credit provider Clima and Australian insurance broker PSC Paragon.
Clima connects companies globally with the largest range of carbon credits in Australia, as well as to high-integrity global projects.
Through Oka, clients will now also gain exclusive access to some of the first insurance-protected credits in the country.
The premium credits come pre-wrapped in Oka's innovative insurance solution, minimizing the due-diligence burden on buyers while insulating them from post-issuance risks.1
PSC Paragon (Australia) is the insurance broker working with Oka and Clima to provide the insurance.

Vecima and VECTOR TECH SOLUTIONS Secure Entra® DAA Launching Point with ASTA-NET in Poland

Retrieved on:

Giovedì, Maggio 9, 2024

Vecima Networks Inc. (TSX: VCM) today announced that VECTOR TECH SOLUTIONS is deploying Vecima’s Entra® SC-1D Access Node and Entra® Access Controller (EAC) solutions for ASTA-NET, a telecommunications provider in Poland.

Key Points:

Vecima Networks Inc. (TSX: VCM) today announced that VECTOR TECH SOLUTIONS is deploying Vecima’s Entra® SC-1D Access Node and Entra® Access Controller (EAC) solutions for ASTA-NET, a telecommunications provider in Poland.
View the full release here: https://www.businesswire.com/news/home/20240509796116/en/
The collaboration underscores Vecima’s commitment to expanding its footprint in the European market, with VECTOR TECH SOLUTIONS providing local expertise as a Vecima reseller in Poland.
ASTA-NET’s adoption of Vecima’s technology through VECTOR TECH SOLUTIONS represents a pivotal step in enhancing its network infrastructure to deliver superior broadband services.
“Collaboration with global broadband technology providers such as Vecima is a great honor,” said Artur Salwach, Sales Managing Director at VECTOR TECH SOLUTIONS.

Vecima Partners with AXING AG to Deliver Entra® DAA Solutions to Cable Operators in Germany

Retrieved on:

Mercoledì, Maggio 8, 2024

Technology, Audio, Video, Telecommunications, 5G, Networks, Internet, Carriers and Services, DAA, Ecosystem, AG, TSX, Partnership, PHY, VCM, HFC, Vecima Networks, Senior, MAC, Entra, CCAP, Architecture, Cable television

Vecima's Entra SC-1D Remote MACPHY Device, a cornerstone of the Entra DAA family, is specifically designed for DAA applications, enabling operators to transition their networks toward a more distributed, efficient, and scalable architecture.

Key Points:

Vecima's Entra SC-1D Remote MACPHY Device, a cornerstone of the Entra DAA family, is specifically designed for DAA applications, enabling operators to transition their networks toward a more distributed, efficient, and scalable architecture.
"The AXING Group has a long track record of delivering industry-leading solutions to cable network operators,” said Johannes Moser, CEO of AXING.
“With DEV Systemtechnik, we have enabled cable operators to upgrade their networks with advanced CCAP/Remote MACPHY systems since the beginning of 2019.
With full support for all next-generation cable access technologies, high-value legacy services, and proven interoperability, the networks of tomorrow are deployable today.