Ciena Corporation
News and overview for Ciena Corporation
Ciena Announces Reporting Date and Web Broadcast for Unaudited Fiscal Fourth Quarter 2009 and Year-End Results [Press Release]
Business Wire | 3 days 20 hours 56 minutes ago
Ciena Corporation (NASDAQ: CIEN) expects to announce unaudited results for its fiscal fourth quarter and fiscal year ended October 31, 2009 on Thursday, December 10, 2009, via Business Wire before the open of the financial markets. The press release also will be available on Ciena’s website at www.ciena.com.
Ciena Announces Carrier Ethernet Certification Program [Press Release]
Business Wire | 18 days 22 hours 56 minutes ago
Ciena® Corporation (NASDAQ:CIEN), the network specialist, today announced the industry’s first Carrier Ethernet Certification Program focused solely on Carrier Ethernet technology as opposed to specific vendors or products. Carrier Ethernet is the first of multiple training and certification programs that will be offered by Ciena Learning Solutions, the company’s new group focused on the technology certification and continuing education market. Courses are offered in traditional classrooms, o...
Ciena Receives HSR and Canadian Competition Act Clearance for Proposed Acquisition of Nortel s Optical and Carrier Ethernet Assets [Press Release]
Business Wire | 11 days 13 hours 10 minutes ago
Ciena® Corporation (NASDAQ: CIEN), the network specialist, today announced that it has received regulatory clearances regarding its proposed acquisition of substantially all of Nortel’s optical networking and carrier Ethernet assets. In the United States, Ciena was granted early termination of the antitrust waiting period under the Hart-Scott-Rodino Act. In addition, Ciena also has received from the Canadian Competition Bureau a no action letter, terminating the applicable waiting period for ...
Ciena s CN 5305 Service Aggregation Switch Receives Highest Possible Ranking from Broadband Gear Report [Press Release]
Business Wire | 25 days 17 hours 56 minutes ago
Ciena® Corporation (NASDAQ: CIEN), the network specialist, today announced that its CN 5305™ Service Aggregation Switch received the highest possible ranking – 5 out of 5 diamonds – in Broadband Gear Report’s (BGR) 2009 Diamond Technology Reviews. Based on BGR’s product rating system of 0 to 5 diamonds, a score of 5 is considered to be “a superb product that sets a new standard for performance and provides groundbreaking new technical milestones.” Platforms within Ciena’s Carrier Ethernet Ser...
Cable & Wireless Panama Selects Ciena for Nationwide Backbone Network [Press Release]
Business Wire | 32 days 22 hours 56 minutes ago
Ciena® Corporation (NASDAQ: CIEN), the network specialist, today announced that Cable & Wireless Panama has upgraded its nationwide backbone network using the family of CN 4200® FlexSelect® Advanced Services Platforms. The new network provides efficient transport for a variety of TDM and transparent Ethernet services using advanced Optical Transport Network (OTN) and software-programmable port technologies that maximize the operator’s flexibility for offering multiple services to its resident...
Zacks Analyst Blog Highlights: Ciena Corporation, Nortel Networks, Ericsson, Nokia and Siemens [Press Release]
Business Wire | 42 days 14 hours 56 minutes ago
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Ciena Corporation (Nasdaq: CIEN), Nortel Networks (OTC: NRTLQ), Ericsson (Nasdaq: ERIC), Nokia (NYSE: NOK) and Siemens (NYSE: SI).
Seven Summits Research Releases Comments on Boeing, Joy Global, Ciena Corporation, TakeTwo Interactive and Allos Therapeutics [Press Release]
PRNewswire | 81 days 22 hours 24 minutes ago
...Research Releases Comments on Boeing, Joy Global, Ciena Corporation, TakeTwo Interactive and Allos Therapeutics PRNewswire...To Watch Guide: Boeing Co. , Joy Global Inc. , Ciena Corporation , TakeTwo Interactive Software Inc. and Allos Therapeutics...
Corporate Office Properties Trust Reports Third Quarter 2009 Results [Press Release]
Business Wire | 23 days 14 hours 36 minutes ago
Corporate Office Properties Trust (COPT) (NYSE:OFC) announced today financial and operating results for the quarter and nine months ended September 30, 2009.
Reportlinker Adds World Routers Market Report [Press Release]
PRNewswire | 71 days 21 hours 51 minutes ago
...worldwide such as 2Wire, 3Com Corporation, ADTRAN Inc., Alcatel-Lucent...Technology (USA), Inc., Ciena Corporation, Cisco Systems Inc., D-Link...and ZyXel Communications Corporation. Market data and analytics are...
Ciena Tables $521 Million Bid for Nortel Unit - DealBook Blog - NYTimes.com
New York Times, The | 44 days 3 hours 54 minutes ago
Ciena, a maker of fiber optic gear for phone companies, offered to buy the optical networking business of the Nortel Networks Corporation for about $521 million to expand internationally.
Value Investors For Change Nominates Eight New Members to the Board of Directors of Troubled Telecom Company MRV Communications, Inc. [Press Release]
PRNewswire | 45 days 23 minutes ago
NEW YORK, Oct. 7 /PRNewswire/ -- Value Investors For Change, a group dedicated to restoring stockholder value to damaged companies, filed a definitive proxy statement today nominating eight highly qualified telecom and corporate finance executives to the board of MRV Communications, Inc.
Super-Powered SC Conference Network Goes Live [Press Release]
Business Wire | 5 days 5 hours 27 minutes ago
For seven days, the Oregon Convention Center will be home to the most powerful network in the world – SCinet. Built each year for the annual SC conference, SCinet brings to life a highly sophisticated and extreme local and wide area network fabric that can support the revolutionary applications and network experiments that have become a trademark of the conference.
Nortel sells wireless network ops, delays auction of optical networking, carrier ethernet ops -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 7 days 16 hours 19 minutes ago
TORONTO (AP) — Nortel Networks Corp. says it has completed the $1.13 billion sale of its wireless network business to LM Ericsson of Sweden but is allowing more time for bids in an auction for its optical networking and carrier ethernet units.
Nortel sells wireless network ops, delays auction of optical networking, carrier ethernet ops
Orlando Sentinel (Fla.) | 7 days 16 hours 21 minutes ago
TORONTO (AP) — Nortel Networks Corp. says it has completed the $1.13 billion sale of its wireless network business to LM Ericsson of Sweden but is allowing more time for bids in an auction for its optical networking and carrier ethernet units.
Light Reading - Optical Networking - Ciena Gets Closer to Nortel MEN - Telecom News Wire
Light Reading | 11 days 9 hours 50 minutes ago
LINTHICUM, Md. -- Ciena Corporation (NASDAQ: CIEN - News), the network specialist, today announced that it has received regulatory clearances regarding its proposed acquisition of substantially all of Nortel's optical networking and carrier Ethernet assets. In the United States, Ciena was granted early termination of the antitrust waiting period under the Hart-Scott-Rodino Act. In addition, Ciena also has received from the Canadian Competition Bureau a no action letter, terminating the appli...
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Company Overview
| Company: | Ciena Corporation |
|---|---|
| Industry: | Optical Switching & Transmission Equipment |
| Website: | http://www.ciena.com |
Ciena doesn't limit itself to just one color of the spectrum. The company makes transport and switching equipment that increases the capacity of long-distance fiber-optic networks by transmitting multiple light signals simultaneously over the same circuit. It also sells transport systems for metro and enterprise wide-area networks, as well as broadband access products that enable communications companies to deliver Internet protocol (IP) services, such as VoIP, IP video, and DSL. Ciena serves telecommunications service providers, cable companies, large enterprises, and government entities. The company gets about two-thirds of its sales in the US.
Key Numbers
| Sales in U.S. Dollars (mil.) | 902.4 (2008) |
|---|---|
| One-year % Growth in Sales | 15.7 (2008) |
| Net Income in U.S. Dollars (mil.) | 38.9 (2008) |
| One-year % Growth in Net Income | -53.0 (2008) |
| Number of Employees | 2,203 (2008) |
| One-year % Growth in Number of Employees | 22.6 (2008) |
| Fiscal Year-End | October |
