Lumine Group Enters into an Agreement to Acquire Casa Systems' Axyom Cloud Native 5G Core Software & RAN Assets [Financial Post (Toronto, Ontario, Canada)]
Casa Systems, Inc. (CASA)
Last casa systems, inc. earnings: 4/30 04:05 pm
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investors.casa-systems.com/investor-relations
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Source: Financial Post
TORONTO, April 03, 2024 (GLOBE NEWSWIRE) — Lumine Group Inc. (“Lumine Group” or “the Company”) (TSXV: LMN), a global buy-and-hold forever acquirer of communications and media software businesses, today announced that it has entered into an asset purchase agreement to acquire the Axyom Cloud Native 5G Core Software & RAN Assets (“Assets”) from Casa Systems (Nasdaq: CASA). Casa Systems intends to facilitate the sale of its businesses, including the Assets, through a Chapter 11 process. This will mark Lumine Group's 14th corporate carve-out that it has completed and set up in the communications and media space. Article content The Assets provide cloud native 5G network functions (CNFs) in the core and access networks. Solutions include Access & Mobility Management, Session Management, User Plane, Network Repository, and Network Slicing Functions, amongst others. Additionally, these solutions include 4G/5G Security Gateway and 4G/5G and Access Femto Small Cell Devices. Article cont
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CASA
News
- Vecima Announces Intent to Acquire the Assets of Casa Systems' Cable Business [Yahoo! Finance]Yahoo! Finance
- Casa Systems Initiates Court-Supervised Chapter 11 Sale Process for Businesses [Yahoo! Finance]Yahoo! Finance
- Lumine Group Enters into an Agreement to Acquire Casa Systems' Axyom Cloud Native 5G Core Software & RAN Assets [Yahoo! Finance]Yahoo! Finance
- Lumine Group Enters into an Agreement to Acquire Casa Systems’ Axyom Cloud Native 5G Core Software & RAN AssetsGlobeNewswire
- Casa Systems Initiates Court-Supervised Chapter 11 Sale Process for BusinessesGlobeNewswire
CASA
Earnings
- 11/7/23 - Miss
CASA
Sec Filings
- 4/3/24 - Form 8-K
- 4/2/24 - Form 8-K
- 3/28/24 - Form 8-K
- CASA's page on the SEC website