Ciena CEO Gary Smith said that M&A is always a possibility as the company looks to build its software business while managing the growth of its optical platform sales to web-scale companies.
International operators are set to ween themselves off Huawei, claims Ciena CEO Gary Smith.
Transport gear and software vendor reports year-on-year revenue growth of more than 17% to $960.6 million, with a hefty chunk of revenues coming from web-scale customers, but investors reacted negatively to outlook.
Also in today's EMEA regional roundup: Vodafone boss takes a £1.2 million pay cut; BT may cut its dividend to fund fiber rollout; ADVA connects in Kuwait.
International wholesale operator wants to play a bigger role with enterprise customers but adding services such as data center interconnect and SD-WAN requires additional operational and business support tools.
Cisco said it would buy Acacia and the components vendor's current optical transport customers need not worry. The move is seen as positive overall, but one analyst explained why Arista should probably be more concerned than ADVA.
The optical equipment maker spies international opportunity in Huawei's problems.
For its fiscal quarter ended April 30, Ciena showed more growth and some customer diversification, while continuing to add to its software portfolio.
Heavy Reading's optical guru Sterling Perrin highlights some key trends from the NGON & DCI World event in Nice, including 'Beyond Coherent,' what 400ZR really means for the market, the latest on 5G transport and the FUDfest that is Huawei.
The opening sessions of this year's NGON & DCI World event in Nice focused on money matters and automation but there was little appetite to discuss the impact of global trade tensions and the US clampdown on Huawei's supply line.
There are 11 (yes, count them!) shortlisted entries in this year's category for Most Innovative Telecoms Product (Optical/IP/Carrier Ethernet/FTTH).
Acacia Communications, Finisar, ProLabs, Source Photonics and Xilinx all submitted standout entries for the Outstanding Components Vendor category in this year's Leading Lights contest.
The optical networking industry is at another inflection point, writes James Kisner, and the chalice some companies drink from next could point the way to everlasting revenue growth.
The ON2020 group is looking to address the optical transport challenges presented by the predicted surge in user traffic on carrier networks.
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More acquisition activity in the optical space is inevitable, but it might not happen for a while until some newly coupled companies get to know each other just a little bit more.
In today's regional roundup: Huawei's troubles could be good news for Ericsson; Enea lines up another acquisition; Orange Business Services lands smart meter IoT deal; Ciena heads to the UK countryside; and more Ericsson.
With its competitors stumbling, its largest customers remaining stable and its markets outside of telecom growing, Ciena is enjoying relatively smooth sailing in CEO Smith's 17th year at the helm.
Why spend more than $600M on a company that makes optical transceivers? It wasn't just one product, but an entire automated manufacturing process that may help Cisco stay ahead of future bandwidth bottlenecks.
The optical networking vendor said in a filing with the SEC that it will take a charge against earnings related to severance and other related costs.