OpenVault Acquires VelociData
December 8, 2021
OpenVault, a Hoboken, New Jersey-based provider of broadband analytics and revenue-optimization solutions, has acquired VelociData, a St. Louis–area developer of streaming data and real-time analytics technology. The deal combines OpenVault's broadband SaaS and analytics footprint with VelociData's R&D and streaming-compute capabilities to accelerate closed-loop automation, expand market reach (including the United States and Latin America), and enhance product offerings for cable, fiber and wireless operators.
- Buyers
- OpenVault
- Targets
- VelociData, Inc.
- Industry
- Data & Analytics
- Location
- Missouri, United States
- Transaction Type
- Buyout
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