John Paczkowski

Recent Posts by John Paczkowski

Ciena Snags Nortel’s Optical Business

acquisitions11Ciena is buying Nortel Networks’ optical networking and carrier Ethernet business after besting an offer from Nokia Siemens in a three-day auction. Ciena will pay $769 million for these assets from the now-bankrupt company, noting that they will significantly bolster its Internet infrastructure business. Given the way the market for Ethernet equipment has defied the econalypse, that will likely prove the case.

But the acquisition is not without risks. It poses a massive integration challenge for Ciena (CIEN), the likes of which the company has never dealt with before. As Jefferies & Co. analysts wrote in a research note this morning, “We can’t think of anyone in Ciena’s management team that has ever been involved in–much less integrated–an M&A deal like this.”

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work