Cable Services Company Casa Sells Cloud Unit to Fund Bankruptcy
<-rte-company state="{"_id":"0000018f-1b31-d583-afbf-dbfd4d9f0002","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Casa Systems Inc.-rte-company>, which makes software and other products for cable television companies, won court approval to sell its cloud-based unit for $32.3 million to <-bsp-bb-link state="{"bbHref":"bbg://securities/2443736D%20US%20Equity","_id":"0000018f-1b31-d583-afbf-dbfd4d9f0003","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Lumine Group US Holdco Inc.-bsp-bb-link> in order to fund the rest of its bankruptcy case.