Nokia Completes Takeover of CCAP Startup Gainspeed

Nokia finished its takeover of Gainspeed, a California startup with a virtual converged cable access platform (CCAP) line, in a bid to broaden its cable access product portfolio and give it a broader footprint there, it said in a news release Monday. Gainspeed will be part of its Fixed Networks business group, Nokia said. Financial terms of the deal announced in June weren't made public. Nokia previously said virtual CCAP is intended to help cable operators increase the capacity of their existing hybrid fiber coaxial infrastructure while cutting headend space and power requirements.