Vecima Teams with Networking Company

Vecima Networks reportedly has inked a multi-year worldwide supply deal with a major networking company under which it will private label and exclusively sell a platform providing secure High Definition (HD) video.

The rights to sell the platform directly to a single leading US multiple service operator remains with Vecima (News - Alert) under the contract that calls for a minimum annual revenue of $10 to $15 million.

The new cable network product can provide cable system operators with world class technology that delivers HD digital video streams in a secure format connecting directly to newer flat panel TVs.

According to a release, this capability eliminates the need for an additional Digital Set Top Box resulting in a cleaner and more reliable installation that offers a variety of video services and a simplified user experience.

Because this new technology can streamline infrastructure requirements and lower costs it is ideally suited for the hospitality industry, hospitals, schools, universities and other institutions.

The companies have decided to ship the product in the first half of calendar 2010.

“This is a major win for new breakthrough technology that Vecima has recently developed,” said Vecima chief executive and chairman, Dr. Surinder Kumar (News - Alert). “Our partnership with this industry leading networking company will ensure that together we are the dominant supplier to this growth market.”

Vecima Networks designs, manufactures and sells products that enable broadband access to cable, wireless and telephony networks. Its hardware products incorporate original embedded software to meet the complex requirements of next-generation, high-speed digital networks.

The company was in news last week for partnering with Mocana’s (News - Alert) NanoSSL software to secure the LMS8000 series of their WaveRider 900 MHz broadband access systems. Mocana embedded security within the WaveRider platform can authenticate and encrypt management connections and thus has the ability to protect the equipment and operators from unauthorized access.