Did Ciena buy cyan?
Under the terms of the acquisition agreement, Ciena acquired all of the outstanding shares of Cyan common stock in exchange for approximately $33.6 million in cash and 10.6 million shares of Ciena common stock.
When did Ciena acquire Blue Planet?
03 Aug 2015
03 Aug 2015 / HANOVER, Md.
What is Ciena do?
Ciena develops and markets equipment, software and services, primarily for the telecommunications industry and large cloud service firms. Their products and services support the transport and management of voice and data traffic on communications networks.
When did Ciena go public?
It also led to Ciena’s initial public offering in February 1997, during which the company achieved a market capitalization of $3.4 billion—the largest first-day market capitalization of any venture-funded startup company to that date.
Did Ciena buy Nortel?
TORONTO— Ciena Corp. CIEN -0.28% agreed to acquire a Nortel Networks Corp. division that develops networking gear used to transmit data and voice traffic for $769 million in cash and notes.
Who owns Nortel now?
AT CorporationBCE Inc.Nortel Networks SA
Who bought Nortel?
Ericsson purchased Nortel’s share in its joint venture with LG Electronics for US$242 million, forming LG-Ericsson, in June 2010. Ericsson also purchased Nortel’s final operating unit, the Multi-Service Switch division, in September 2010 for US$65 million.
Where is John Roth now?
Since his own departure from Nortel, Mr. Roth has been living in Caledon, Ont.
What is Nortel stock worth?
How was the Nortel scandal discovered?
The U.S. Securities and Exchange Commission alleges that former top Nortel executives repeatedly misled, withheld information and ignored advice from its number crunchers, and that Deloitte eventually set off the alarm bells that led to the unravelling of the scheme.