On October 7, 2009

Ciena Opens Bidding for Nortel Optical, Ethernet Units

Ciena is offering cash and stock worth $521 million to acquire some of Nortel’s most-prized remaining business units as the fallen telecommunications company continues to liquidate. The deal announced Wednesday covers the Nortel Optical Networking and Carrier Ethernet businesses.

  • By admin  0 Comments 
  • 0 Comments