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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