Tag Archives: cien

Ciena Jumps Into Hot Growth Market With Cyan Deal

Ciena (CIEN) may have found a quick way to boost its presence in the emerging Software Defined Networking and Network Functions Virtualization markets. The leading telecom fiber-optic networking equipment company on Monday said it plans to acquire Cyan (CYNI), a metro optical supplier, which is the first to actively market NFV/SDN orchestration software to carriers and Internet services providers, for about $400 million in cash and stock. The deal

Nokia Move Could Spur Acquisitions Of Ciena, Infinera

Ciena (CIEN) and Infinera are likely acquisition targets, says an analyst responding to Nokia’s announcement that it will buy Alcatel-Lucent for about $16.6 billion. In a research report Wednesday, Catharine Trebnick, an analyst for Dougherty & Co., said Nokia’s push to boost its telecom equipment business could provide reason for rival Ericsson (ERIC) to acquire Ciena, Infinera (INFN) or both. Both companies are leaders in the fiber optics

Ciena Revenue From Verizon Might Be More Than Thought

Ciena (CIEN) could get more revenue than originally thought from its partnership with Cisco Systems to provide a 100-gigabit metro network for Verizon Communications. So concludes Catharine Trebnick, an analyst for Dougherty & Co., in a research report Wednesday, a day following Verizon ‘s (VZ) announcement that it had selected Ciena and Cisco (CSCO) to build a 100G network for the carrier to address its growing traffic growth issues. Ciena is a