Company Overview

About Vecima Networks

Vecima Networks Inc. (TSX:VCM) is a globally recognized leader in creating breakthrough technology solutions that empower network service providers to connect people and enterprises to information and entertainment worldwide. Vecima products for the cable industry allow service providers a cost-effective Last Mile Solution® for both video and broadband access, especially in the demanding business services market segment. Vecima’s Video Content Delivery and Storage business, operated under the Concurrent brand, includes solutions and software for industries and customers that focus on storing, protecting, transforming, and delivering high-value media assets. Vecima also provides fleet managers the key information and analytics they require to optimally manage their business under the Contigo, NERO Global Tracking, and FleetLynx brands.

Our History

Vecima Networks was founded in 1988 in Saskatoon, SK under the name Wavecom Electronics Inc. by Dr. Surinder Kumar, professor and holder of the Natural Science and Engineering Research Council’s Industrial Chair in Telecommunications at the University of Saskatchewan. Its first commercial products were a line of modulators for the cable television industry which proved vital in the new and emerging Internet and cable markets. The company grew rapidly over the next several decades, at one point with more than 50% of the high-speed internet-over-cable data traffic in the world being transmitted across devices manufactured by Vecima.

Highlights

  • 1988  Wavecom Electronics Inc. is founded and incorporated by Dr. Surinder Kumar
  • 1990  First commercial products include a line of modulators for the cable television industry
  • 1998  Corporate Headquarters relocated to Victoria, BC
  • 2003  Wavecom changes name to VCom Inc.
  • 2003  VCom acquires YourLink, a wireless service provider
  • 2005  VCom transitions to a public company – VCM on the TSX
  • 2005  VCom wins the Advancing Technology award at BC Export Awards
  • 2006  VCom changes its name to Vecima Networks Inc.
  • 2007  Vecima acquires Spectrum Signal Processing
  • 2008  Vecima signs supply agreement with Cisco Systems
  • 2013  Vecima announces appointment of Sumit Kumar to position of CEO
  • 2016  Vecima acquires Contigo Systems Inc., a telematics company
  • 2017  Vecima sells YourLink to Xplornet
  • 2017  Vecima acquires Concurrent, a video content delivery and storage company