novaBBS - comp.dcom.telecom - Verizon Cascades Cash Into Casa Systems' MEC Model [telecom]

Verizon Cascades Cash Into Casa Systems' MEC Model [telecom]

<20220419221112.76172799@telecom2018.csail.mit.edu>

https://www.novabbs.com/computers/article-flat.php?id=3089&group=comp.dcom.telecom#3089

copy link Newsgroups: comp.dcom.telecom

Path: i2pn2.org!i2pn.org!weretis.net!feeder6.news.weretis.net!news.misty.com!news.iecc.com!.POSTED.news.iecc.com!post.local
From: murph...@remove-this.telecomdigest.net (Sean Murphy)
Newsgroups: comp.dcom.telecom
Subject: Verizon Cascades Cash Into Casa Systems' MEC Model [telecom]
Date: Tue, 19 Apr 2022 23:11:12 +0100 (IST)
Organization: The Telecom Digest
Lines: 15
Sender: news@iecc.com
Approved: telecom-moderator@telecom.csail.mit.edu
Message-ID: <20220419221112.76172799@telecom2018.csail.mit.edu>
Injection-Info: gal.iecc.com; posting-host="news.iecc.com:2001:470:1f07:1126:0:676f:7373:6970";
logging-data="56994"; mail-complaints-to="abuse@iecc.com"
Authentication-Results: iecc.com; spf=none spf.mailfrom=moder8@telecom.csail.mit.edu spf.helo=telecom2018.csail.mit.edu smtp.remote-ip="128.31.0.70"

by: Sean Murphy - Tue, 19 Apr 2022 22:11 UTC

By Dan Meyer

Verizon took an investment stake in cloud-native core platform vendor
Casa Systems, which further propels and diversifies the telecom
giant's wide-ranging mobile edge computing (MEC) plans.

The $40 million investment garners Verizon a 9.9% ownership stake in
Andover, Maryland-based Casa Systems. The purchase price was at a 9%
premium over Casa Systems' closing price of $3.89 at the end of last
week. That investment does not get Verizon a seat on Casa Systems
board, though former Verizon executive Dan Mead is a member of that
group.

https://www.sdxcentral.com/articles/news/verizon-cascades-cash-into-casa-systems-mec-model/2022/04/

Nature, to be commanded, must be obeyed. -- Francis Bacon

computers / comp.dcom.telecom / Verizon Cascades Cash Into Casa Systems' MEC Model [telecom]

Subject	Author
Verizon Cascades Cash Into Casa Systems' MEC Model [telecom]	Sean Murphy