Ciena Jumps Into Hot Growth Market With Cyan Deal

By | May 5, 2015

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Ciena (CIEN) may have found a quick way to boost its presence in the emerging Software Defined Networking and Network Functions Virtualization markets. The leading telecom fiber-optic networking equipment company on Monday said it plans to acquire Cyan (CYNI), a metro optical supplier, which is the first to actively market NFV/SDN orchestration software to carriers and Internet services providers, for about $400 million in cash and stock. The deal Scalper1 News

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