US14713L1026 - Common Stock
CASA SYSTEMS INC
NASDAQ:CASA (4/4/2024, 7:00:03 PM)
After market: 0.0325 0 (-7.14%)0.035
-0.02 (-36.36%)
Casa Systems, Inc. engages in the provision and development of digital cable video and broadband services. The company is headquartered in Andover, Massachusetts and currently employs 1,043 full-time employees. The company went IPO on 2017-12-15. The firm offers physical, virtual and cloud-native fifth-generation broadband and customer-premise networking equipment solutions for public and private data and multi-service communications networks. The Company’s multi-service broadband Axyom platform is a Web-scale solution based on a distributed micro-service framework. The Axyom Software platform includes its virtual software workloads and the software that manages those micro-services. The Axyom software architecture includes virtual network functions (VNFs), for all communications service providers mobile, fixed, cable and converged. The firm offers end-to-end cloud-native, virtual, physical and distributed infrastructure and customer-premise network solutions that enable its customers to provide fixed and wireless broadband services to consumers and enterprises. Its solution includes wireless, cable, fixed-line broadband and machine-to-machine.
CASA SYSTEMS INC
10 New England Business Center Drive
Andover MASSACHUSETTS 01810
P: 19786886706
CEO: Jerry Guo
Employees: 1043
Website: https://www.casa-systems.com/
Casa Systems Inc., which makes software and other products for cable television companies, won court approval to sell its cloud-based unit for $32.3 million to Lumine Group US Holdco Inc. in order to fund the rest of its bankruptcy case.
View stock is falling hard on Thursday after the company got a delisting notice for its shares following its bankruptcy filing.
Casa Systems stock is down with heavy trading of CASA shares as investors continue to reel from its bankruptcy filing yesterday.
We're diving into the biggest pre-market stock movers that traders are going to want to keep an eye on for Thursday morning!
Reaches Agreements to Sell 5G Mobile Core and RAN Assets to Lumine Group and Cable Business to Vecima Networks...
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