Casa Systems, Inc.

Casa Systems, Inc.

CASA
Casa Systems, Inc.US flagNASDAQ Global Select
0.04
USD
-0.02
- -
3.47MMarket Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Michael Glickman
Full Time Employees
1,043
Sector
Technology
Industry
Communication Equipment
Address
100 Old River Road Andover MA United States of America 01810
IPO Date
Dec 15, 2017
Business
Casa Systems, Inc. is a global communications technology company specializing in advanced ultra-broadband 5G solutions for mobile, cable, fixed, and converged service providers. Founded in 2003 and headquartered in Andover, Massachusetts, the company offers a comprehensive portfolio of physical, virtual, and cloud-native network products and software. Its core product lines include converged cable access platforms; wireless network core products encompassing virtual evolved packet core and 5G core products; small cell solutions; optical access solutions; virtualized broadband network gateway routers and multiservice routers; fiber extension devices; residential broadband gateways; and industrial IoT and machine-to-machine routers. Casa Systems serves a broad customer base including mobile network operators (MNOs), mobile virtual network operators (MVNOs), multiple system operators (MSOs), and fixed service providers, with operations spanning North America, Latin America, Asia-Pacific, Europe, the Middle East, and Africa. In recent major developments, Casa Systems completed an extensive divestiture of its cable business assets to Vecima Networks for approximately $20 million in 2024. This sale includes virtual Broadband Network Gateway (vBNG) and Converged Cable Access Platform (CCAP) hardware systems, such as the C100G CMTS and C40G CCAP, which expanded Vecima's portfolio in hybrid fiber/coax and fiber-to-the-premises solutions. Additionally, in mid-2024, Casa Systems sold its Axyom Cloud Native 5G Core Software and RAN assets to Lumine Group, marking a strategic scaling back from certain network core software components. The company also maintains ongoing partnerships focused on private 5G solutions, including collaborations with IBM and Enea to deliver converged and secure 5G networks. Casa Systems continues to innovate in network virtualization, service agility, and next-generation architecture transformation with products like the Rialto Service Provider Edge Router running Casa’s Cassini NetOS platform, supporting terabit-scale data center and WAN applications. Casa Systems operates through wholly owned subsidiaries in Canada, the Netherlands, France, and China, supporting over 475 Tier 1 and regional service providers worldwide. The company's strategic focus is on providing open, cloud-native solutions that enable service providers to build flexible, scalable networks that support rapidly evolving consumer and commercial service demands while reducing total cost of ownership. Casa Systems' solutions emphasize service convergence across fixed and wireless networks, leveraging software-centric infrastructure to enhance network performance and capacity for the evolving 5G future. The company employs over 1,000 professionals and maintains a strong presence in the telecommunications equipment and solutions sector.

Company News

APIChat
  • Dur Doux Debuts Capsule at NYFW with Musical Guest Jack Gore at Walker Hotel

  • Vecima Networks Inc. Announces Termination of Asset Purchase Agreement with Casa Systems, Inc. and Cancellation of Subscription Receipts

  • Lumine Group Completes the Purchase of Casa Systems' Axyom Cloud Native 5G Core Software & RAN Assets

  • Why Is Casa Systems (CASA) Stock Down 24% Today?

  • Casa Systems Initiates Court-Supervised Chapter 11 Sale

  • Vecima Announces Intent to Acquire the Assets of Casa Systems' Cable Business

  • Lumine Group Enters into an Agreement to Acquire Casa Systems' Axyom Cloud Native 5G Core Software & RAN Assets

  • Casa Systems Initiates Court-Supervised Chapter 11 Sale Process for Businesses

  • Alef and Casa Systems Join Forces to Unlock Opportunity for Mobile Private Networks

  • Casa Systems Named “Global IoT Innovation Vendor of the Year” in 8ᵗʰ Annual IoT Breakthrough Awards Program

  • Casa Systems Unveils New AurusXT 5G Industrial IoT Router Series Featuring the World's First Dynamic Slicing Support

  • Casa Systems Appoints Former Google Executive Santanu Dasgupta as Chief Technology Officer

  • New Strong Sell Stocks for December 27th

  • Casa Systems Appoints Former Cisco Executive Sanjay Kaul as Chief Revenue Officer; Chief Customer Officer Alfred de Cárdenas to Retire at End of Year

  • New Strong Sell Stocks for November 24th

  • Casa Systems Sets Cable Industry Milestone with DOCSIS 4.0 Extended Spectrum Breakthrough

  • Casa Systems, Inc. (CASA) Q3 2023 Earnings Call Transcript

  • YTL Communications' 5G Core Powered by Casa Systems' Cloud-Native NFV Solutions Wins Second Consecutive Ookla Speedtest Award for Fastest Mobile Network in Malaysia

  • Casa Systems to Release Third Quarter 2023 Results on November 7, 2023

  • Casa Systems' Axyom® Virtual Converged Cable Access Platform (vCCAP) Achieves Unprecedented Combination of Speed, Capacity, and Power Savings with Intel's 4th Generation Xeon® Scalable Processors