Look at the history, and it all makes sense. Ciena and Tellabs tried to combine for a $7.1 billion merger back in 1998, but the deal fell apart. These days, both companies are in the mindset of getting into new and different markets, while becoming "end-to-end" networking companies. And both companies have talked with AFC in months past, according to Light Reading reports and Headcount sources (see Tellabs Angling for Access – and AFC).
Headcount thinks the three-way combo AFC, Ciena, and Tellabs would be almost free from product overlap. It would also have several top-flight managers, including Krish Prabhu from Tellabs; John Schofield and Jim Sackman from AFC; and maybe even someone from Ciena, too.
"The M&A market is getting to be like the Major League Baseball owner's meeting," says one financial analyst. "Everybody's talking to everybody else, and just about anything is possible."
But forget what we'd find amusing: What combo would you suggest to turn the industry on its ear? (See Introducing... Normenscatoni! ) Sound off on the boards below. While you're fastening the chin strap to your thinking caps, Headcount will review the latest hirings and firings of interest in the telecom world.
- Tellabs Names Prabhu as New CEO
- Huber's OCG on Ice
- Golden Telecom Appoints COO
- Galazar Gets Big Names on Board
- Arris Targets Government Sales
- FLAG Names New Board, Execs
- Aelis Takes Alka Swanson
- Internet Machines Starts Anew
- Infonet Appoints EMEA President
- FLAG Names Regional Presidents
- Zhone Regroups With Gluon
- Kymata Lives On
- Sun Deals for Handy Andy
- Brocade Shaves Heads
- Megisto Denies Brain Drain
- On Yer Bike, Manic!
- Sonus Drops a Bomb
— Phil Harvey, News Editor, and Craig Matsumoto, Senior Editor, Light Reading