Ciena

  • Mobily Taps ’New Ciena’ for Big Post-Nortel Deal
    Saudia Arabia’s Mobily targets LTE with massive network transformation and gives Ciena an important win. ...More
    January 25, 2011 By Tara Seals
    Posted in News, Service Creation & Delivery
  • Ciena Announces Major Russian Optical Network
    Ciena implemented the network, which has already been deployed, in partnership with Jet Infosystems, a major systems integrator in Russia and the CIS region. ...More
    August 10, 2010
    Posted in News, Service Creation & Delivery
  • Ciena Laying Off Workers Post-Nortel Deal After All
    Corporate America can be a cruel mistress. In late March, as Ciena Corp. (CIEN) took over Nortel Networks’ Ethernet assets, assurances ran rather freely that employment, not pink slips, would remain the norm.We should have known better.Ciena said in a Securities ...More
    May 13, 2010
    Posted in News
  • Report Slams Nortel Execs, Issues Dire Warning to Ciena
    A new report from consulting and research company Telecom Pragmatics pulls no punches, saying Ciena Corp. better closely watch the former Nortel Networks executives it brought on board when it bought the bankrupt telco’s optical networking business. In fact, it better ...More
    April 26, 2010
    Posted in News
  • Ciena Doles Out Stock Awards to Ex-Nortel Workers
    Ciena Corp. (CIEN) has given 195 of its new employees from Nortel Networks a benefit in addition to keeping their jobs: 1.655 million shares of common stock.The stock was worth $24.8 million on April 1, the day it was distributed, according to The Ottawa Citizen. The ...More
    April 14, 2010
    Posted in News
  • Nortel Workers 'Relieved' As Ciena Takes Over
    Former Nortel Metro Ethernet Networks workers seem to be taking well to life at new employer and former rival Ciena Corp. (CIEN).On Thursday, Baltimore-based Ciena threw a company-wide party in Canada to celebrate the close of the $774 million deal that doubled ...More
    March 26, 2010
    Posted in News
  • Ciena Ratings Suffer Over High Nortel 'Execution Risk'
    Ciena Corp. (CIEN) share prices fluctuated on Friday after investment bank Barclays Capital downgraded the equipment maker’s ratings. Analyst Jeff Kvaal said in a client memo that Ciena’s takeover of bankrupt Nortel Networks’ Ethernet assets lowers ...More
    February 5, 2010
    Posted in News
  • Nortel: Ciena Gets Canada’s Approval to Buy MEN
    Ciena Corp. (CIEN) this week received approval from Canada’s industry minister to complete the $769 million purchase of Nortel Networks’ Metro Ethernet Networks (MEN) unit. Ciena in mid-November beat Nokia Siemens Networks for the division of insolvent ...More
    December 30, 2009
    Posted in News
  • Nortel Debuts First Commercially Available 100G Optical Solution
    Nortel Networks has unveiled the industry's first commercially available 100G solution and announced that Verizon has deployed the solution in its live customer network in Europe.Nortel's 100G solution uses technology that allows service providers to increase the bandwidth ...More
    December 14, 2009
    Posted in News
  • Nortel Buy Could Make Ciena Stock Owners Rich
    Anyone with stock in fiber-optic gearmaker Ciena Corp could be a big winner if the company’s bid to buy Nortel’s optical division goes through.Ciena has bid more than a half-billion dollars for not only optics, but also parts of Nortel’s Metro Ethernet ...More
    October 12, 2009
    Posted in News
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