Vecima Networks

Vecima Networks Inc.
Type Public (TSXVCM)
Industry Telecommunications
Founded 1988
Headquarters Victoria, British Columbia, Canada
Key people Dr. Surinder Kumar
Products Networking Systems
Employees Approximately 600
Website Vecima Networks Inc.

Vecima Networks Inc. (TSXVCM) is a designer and manufacturer of products that enable multi-play services for the telecommunications market. Vecima produces equipment for digital simulcast, switched digital video, IPTV, video on demand, data-over-cable, advanced analog and broadband wireless applications.

Vecima Networks is headquartered in Victoria, British Columbia, Canada. It has ISO 9001-2000 certified design and manufacturing operations located in Saskatoon and regional sales headquarters in Toronto and Parramatta, Australia.

Vecima Networks is a principal member of the WiMAX Forum.

Saskatoon based YourLink is a high speed internet provider and is a subsidiary of Vecima Networks Inc., and operates subsidiary Omineca Cablevision in British Columbia

Dr. Surinder Kumar is the Chairman, President and Chief Executive officer of Vecima networks.

Vecima has been going through significant declines in revenue since 2010. Some attempts at product diversification are being made to counter the trend. The company reduced 18% of its total workforce in April 2011. Total workforce reduction since June 2010 has made 28% [1].

Contents

Product

They design and manufacturer products in the following categories:

History

References

"Jun 2008 Vecima's HyperQAM Receives 3.5 Diamonds Rating". http://www.vecima.com/news/080624_pr_hqdiamonds_d02_f%20(2).pdf.  "May 2008 Vecima - Record $30.4 million Third Quarter in 2008". http://www.vecima.com/news/080515_pr_fy08q3.pdf.  Brick, Alan. "Vecima Networks to Acquire Spectrum Signal Processing in Cash and Share Transaction", Canada Tech.info, February 16, 2007. "WALLSTREETREPORTER interview with Surinder Kumar - CEO". http://www.wallstreetreporter.com/index.php.  "Wright Reports - Company Profile Snapshot". http://wrightreports.ecnext.com/coms2/reportdesc_COMPANY_C124BEA00.  "BusinessWeek - Company Profile". http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?capId=6816440. 

External references

Vecima layoffs preceded by 43 per cent drop in revenue Vecima Networks Home Page Toronto Stock Exchange Web site WiMAX Forum WiMax Forum Home Page