Vecima Networks Inc. is a Canada-based company focused on developing integrated hardware and software solutions for broadband access, content delivery and telematics. The Company enables the users to advance, connect, entertain and analyze. It builds technologies that transform content delivery and storage, enable broadband network access and streamline data analytics. It operates through three segments: Video and Broadband Solutions (VBS), Content Delivery and Storage (CDS), and Telematics. VBS segment includes platforms and modules that process data from the cable network and deliver it in formats suitable to be consumed on televisions and Internet devices. CDS segment includes solutions and software, under the MediaScaleX and ContentAgent brands. Telematics segment provides fleet managers with the information and analytics they require to manage their mobile and fixed assets under the Contigo, Nero Global Tracking and FleetLynx brands.

Sales Analysis. Vecima Networks Incorporated reported sales of C$96.42 million (US$76.34 million) for the fiscal year ending June of 2020. This represents an increase of 13.4% versus 2019, when the company's sales were C$85.03 million. This was the third consecutive year of growth at Vecima Networks Incorporated. The sales level in 2020 was fairly close to the level five years ago: in 2015, Vecima Networks Incorporated had sales of C$94.05 million. Sales of Content Delivery and Storage saw an increase that was more than double the company's growth rate: sales were up 31.8% in 2020, from C$41.88 million to C$55.20 million. Not all segments of Vecima Networks Incorporated experienced an increase in sales in 2020: sales of Video and Broadband Solution fell 4.9% to C$35.86 million. Vecima Networks Incorporated also experienced decreases in sales in Telematics (down 2.4% to C$5.36 million) .