Infinera closes on Coriant purchase before share price tumbles 15%
24 hours after completing the acquisition of Coriant, Infinera share price has dropped 15% over comments rival Ciena is on the verge of stealing one of its biggest customers.
24 hours after completing the acquisition of Coriant, Infinera share price has dropped 15% over comments rival Ciena is on the verge of stealing one of its biggest customers.
Wholesale and enterprise-services telco Colt has launched a new mega-fast, high capacity, pan-European network to satiate the bandwidth-intensive nature of tech and media industries across the continent.
Optical network infrastructure specialist Ciena has announced it has entered a definitive agreement to acquire Cyan Inc, a rival optical provider and software platform specialist. The terms of the agreement see an approximate $400 million value slapped on Cyan.
Optical networking vendor Infinera has announced its recommended public offering to acquire all shares of Transmode AB. Transmode, a Swedish firm, specialise in metro packet optical infrastructure, which Infinera is targeting in order to flesh out its holistic optical networking portfolio of products.
Pan-Asian operator Pacnet has announced its work with optical infrastructure vendor Infinera to bring network virtualization technologies into the optical layer, utilising software defined networking capabilities. The introduction of SDN into Layer 1 is intended to afford customers requiring high-capacity to access high bandwidth availability on a self-service basis.
Colt has successfully completed its first European field trial of 100 Gigabit Ethernet (100GbE) over a live network, using kit from Infinera.The trial consisted of a 100Gbps transmission over the 861km route on Colt’s low latency fibre network between London and Frankfurt using Infinera’s DTN optical platform. A single trip latency of 4.23ms was measured across the 100Gbps circuit.
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