The global carrier Ethernet equipment market grew 13.4 per cent to reach $31.7bn in 2011, and will go on to hit $42.4bn in 2016, according to US market research firm Infonetics Research.
It looks like carrier network specialist Ciena will emerge as the winner of Nortel’s optical networking and carrier Ethernet assets, following an extended auction that took place over the weekend.
Canadian vendor Nortel has delayed the next stage of its fire sale until later this week, giving potential bidders for its Optical Networking and Carrier Ethernet businesses and extra few days to get bids together.
Carrier network specialist Ciena has forged an agreement with Nortel to acquire the exiting Canadian firm’s optical networking and carrier Ethernet assets for $390m in cash and ten million shares of Ciena common stock estimated to be worth a further $131m.
Carrier Ethernet is no longer the new kid on the block. Its many virtues, from flexibility and scalability to lower operational costs and greater simplicity and interoperability, are now well understood and widely attractive to carriers and, more importantly, their customers.
Monster kit vendor Nokia Siemens Networks has teamed up with security and network infrastructure firm Juniper Networks to bolster their offerings in the Carrier Ethernet space.
We can hear the groans already, but we're going to do it anyway. Let's have a look at what #6G could possibly contr hhttps://t.co/hT2vrqstHy
17 February 2019 @ 11:02:00 UTC
@ericsson mobility report predicts #IOT will be a monstrous tsunami over the next couple of years - could this buil hhttps://t.co/2enrgco4ml
16 February 2019 @ 15:02:00 UTC
Trump's Huawei executive order not much more than a power play https://t.co/6Wnywjjn8E
15 February 2019 @ 16:42:23 UTC
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