Verizon has grabbed a 9.9% ownership stake in Casa Systems for $40 million, in the process awarding the US network infrastructure supplier a multi-year contract for Mobile Edge Compute (MEC) technology, more often referred to as Multiaccess Edge Computing. In the last two to three years, Casa Systems has somewhat slipped off Faultline’s radar, as the vendor’s priorities seem to have swayed from the fixed network portfolio and great promise of distributed access architecture (DAA), towards 5G riches. This is a direct result of the strong convergence trend between fixed-wireless networks. However, Casa Systems is still a force to be reckoned with in the fixed broadband battleground – and now a tier 1 US operator has one tenth of the…