1 posts and columns on optical networking

Ciena Snags Nortel’s Optical Business

in News on November 23, 2009 at 5:30 am PT

Ciena 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.
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