Ciena is moving to acquire Cyan for $400 million in cash and stock, a deal that will enhance the vendor's ability to respond to emerging demands from carriers to provide virtualized on-demand services for customers by using a mixture of software defined networking and network functions virtualization.
Speculation over Ericsson's future strategy has intensified following Nokia's announcement this week that it plans to buy Alcatel-Lucent, with some saying the Sweden-based vendor will be forced to expand its fixed-line business.
Nokia has set off a new wave of consolidation in the telecom equipment market, reaching a deal to acquire Alcatel-Lucent for $16.6 billion. That move is now fueling speculation that Ericsson will make a similar move to round out its portfolio with more wireline capabilities by making a run for either Ciena, Infinera or Juniper.
Verizon expects its recent move to begin upgrades on its long-haul optical network with Alcatel-Lucent's photonic equipment will set the stage for providing an automated on-demand environment from which it and its customers can provision wavelengths and bandwidth between key routes on the network.
Verizon is moving ahead with plans to incorporate 100G optical technology into its U.S. metro network, naming Ciena and Cisco as its packet optical network system (P-OTS) suppliers.
Ciena reported that its loss widened to $18.8 million, or 17 cents a share, up from $15.9 million, or 15 cents a share, in the same period a year ago due to the timing of government customers' orders.
CenturyLink is taking a look at what lies beyond 100G transmission by completing a 1 Terabit (Tbps) trial on a part of its fiber network in central Florida with vendor partner Ciena.
Driven by a doubling of 100G wavelength shipments in 2014, the total WDM market grew 7 percent in 2014, reaching nearly $9.5 billion, according to a new Dell'Oro Group report.
Cisco and SK Telecom are the latest companies to take part in the Open Networking Lab's initiative to develop an open operating system for service providers employing software-defined networking (SDN).
Ciena is laying off 55 employees, mainly in its distribution and product engineering departments as it outsources some of these functions.