Velocix

Velocix operates as a provider of carrier-grade video streaming and advertising technology, enabling media companies to personalize video experiences for viewers. The company's history began in 2002 when it was founded as CacheLogic in Cambridge, UK, pioneering IP-based content delivery. A significant milestone occurred in 2009 when Alcatel-Lucent acquired the company, rebranding a new division after CacheLogic's prominent Velocix CDN solution. The journey continued with Nokia's purchase of Alcatel-Lucent in 2016, integrating Velocix as its IP video business unit. In a strategic move to create a pure-play streaming technology company, Velocix was divested from Nokia in 2018 and acquired by Lumine Group, a subsidiary of Volaris Group, where it now operates as a standalone business.

The company's business model is centered on developing and marketing open, modular software platforms that support both cloud and on-premises network infrastructures for video service providers. Revenue is generated through the sale of its specialized video delivery and monetization products, as well as by offering managed services to operate and maintain these platforms for clients. Velocix serves a global client base that includes pay-TV providers (cable, satellite, telco), internet service providers, broadcasters, and OTT streaming companies, with customers like Vodafone, Liberty Global, Telefónica, and TELUS. This client roster spans from top-tier global operators to smaller service providers across Europe, North America, and Latin America.

Velocix's product suite is designed to handle the entire content lifecycle: recording, storing, streaming, and monetizing video content. Key offerings include a carrier-grade Content Delivery Network (CDN), a scalable Origin Server for content storage and on-the-fly packaging, a Video Recording Manager for time-shifted services like Cloud DVR, and a Personalisation Platform for dynamically inserting targeted advertising. These products are engineered for reliability and scaling efficiency to help operators maximize their return on investment. The company's technology provides the foundational infrastructure for delivering live TV, on-demand video, and time-shifted services, aiming to make every video stream a unique and engaging experience for the end-user. Under the leadership of CEO Jim Brickmeier, who has over two decades of experience in the streaming video market including roles at Nokia and Concurrent, Velocix continues to focus on hybrid-cloud technologies to meet evolving market demands.

Keywords: video streaming technology, content delivery network, CDN, video advertising, carrier-grade, OTT streaming, stream personalization, cloud DVR, IP video, on-premises video platforms, video monetisation, pay-TV providers, video on demand, live streaming, broadcast technology, time-shifted video, telecom video solutions, hybrid-cloud streaming, video service provider, network operations, content storage, media delivery, Alcatel-Lucent, Nokia, Lumine Group