Tag Ciena

March 4, 2008

Ciena completes World Wide Packets acquisition

By John Dixon in News Byte Tag acquisition, carrier ethernet, Ciena, completion, Ethernet, finance, market, packets, space, technology, World Wide Packets

Ciena has announced that they have completed the acquisition of World Wide Packets. As covered in January, the deal closed for $196.7mn in cash, and 2.5mn Ciena shares ($87.8mn). Ciena…

January 23, 2008

Ciena to gain Carrier Ethernet with World Wide Packets announcement

By John Dixon in Assured Forwarding Tag acquisition, AT&T, carrier ethernet, Ciena, Ethernet, Europe, finance, kpn, market, netherlands, packets, space, switch, technology, validation, World Wide Packets

Ciena Networks is acquiring privately-held World Wide Packets for $200mn in cash and $90mn in shares. World Wide Packets will act as a wholly-owned subsidiary of Ciena. It brings a…