Ciena

Welcome to the 'Ciena' tag page at Technorati. This page features content from the farthest reaches of the Blogosphere that authors have "tagged" with 'Ciena'.

Latest blogosphere posts tagged “Ciena”

• Ciena Acquisition Bid Approved, but Nortel Postpones MEN Auction

  
  Twilight in the Valley of the Nerds — Authority: 480
  Even though Ciena has received regulatory clearance to proceed with its proposed acquisition of insolvent Nortel Networks’ Metro Ethernet Networks (MEN) business assets for approximately $515 million in cash and stock, Nortel has deferred the bankruptcy-auction process in the hope that another bidder will emerge. ...
  18 hours ago

• Despite Conflicted Parents, NSN Reportedly Considering Nortel MEN Bid

  
  Twilight in the Valley of the Nerds — Authority: 480
  Joint ventures, by their very nature, are complicated beasts. Even when the parent companies get along and are relatively aligned in their strategic directions, differences arise. Sometimes joint ventures experience mild personality disorders resulting from the conflicting or diverging needs of the parents. ...
  6 days ago

• NSN may be moving on Nortels Ethernet unit

  
  Telecom Industry News — Authority: 143
  As the saying goes, its not over until the fat lady sings, or in Nortels bargain asset sale until the final highest bidder bids. A report in Bloomberg says that two unidentified people close to matter claim that Nokia Siemens Networks may be making a bid on Nortels Ethernet assets. This development comes only ...
  1 week ago

• Nokia and Siemens Both Want Out of NSN

  
  Twilight in the Valley of the Nerds — Authority: 480
  Yesterday I wrote that joint venture Nokia Siemens Networks (NSN) wasn’t in a position to contend for insolvent Nortel’s optical- and Ethernet-networking assets, which have received a stalking-horse auction bid of $521 million in cash and stock from Ciena. Previously, I had wondered whether the joint venture’s ...
  3 weeks ago

• Timing Doesn’t Favor NSN Bid for Nortel MEN Assets

  
  Twilight in the Valley of the Nerds — Authority: 480
  Now that the $521-million stalking-horse bid from Ciena has been approved and the date has been set for the auction of Nortel’s Metropolitan Ethernet Networks (MEN) assets, attention has turned to which companies might challenge Ciena for the prize. The auction will take place November 13, and vendors have until ...
  3 weeks ago

• Nortel sets official date for Ethernet asset auction

  
  Telecom Industry News — Authority: 143
  With the blessing of Delaware and Ontario bankruptcy courts in tow, Nortel will move ahead with the planned auction of its Metro Ethernet Network (MEN) division on November 13. Bankruptcy courts in both Delaware and Ontario approved Cienas stalking horse bid after suffering a minor setback. If youre a vendor that ...
  3 weeks ago

• Good, Better, Best

  
  A Wonderful Blog — Authority: 117
  “Good, better, best” used to have an entirely different meaning to us a decade ago.  Burt, Dyk, JB, Poms and myself coined “good, better, best” as our not-so-secret code to describe our once-in-a-bluemoon escapades.  After weeks of hard-core, geeky work we would decide to paint the town red on Pom’s trusty ...
  3 weeks ago

• ($CIEN) Ciena Gets Approval to Bid For Nortel Network’s Optical and Ethernet Division

  
  Stock Blog Hub — Authority: 506
  The telecommunications and network equipment company Ciena Corporation (CIEN) has received the Court’s approval to begin bidding for Nortel Network Corp.’s (NT) optical and Ethernet division. The judges also said that Nov. 9 will be the deadline for bids and scheduled the auction for Nov. 13. Ciena plans to ...
  3 weeks ago

• Ciena-Nortel Deal Gets Approval – Analyst Blog

  
  Horse Racing Tips and Horse Racing Results — Authority: 158
  The telecommunications and network equipment company Ciena Corporation ( CIEN ) has received the Court’s approval to begin bidding for Nortel Network Corp.s ( NT ) optical and Ethernet division. The judges also said that Nov. 9 will be the deadline for bids and scheduled the auction for Nov. 13. Ciena plans to ...
  3 weeks ago

• Letting the (Optical) Bidding Begin!

  
  All About Nortel — Authority: 129
  The auction of Nortel’s optical and Ethernet assets has overcome a hurdle after bankruptcy courts in the U.S. and Canada approved Ciena’s $521-million “stalking horse” bid. The approval came after the judges expressed some unhappiness with some of the details of the bid, including Ciena’s break-up fee. ...
  3 weeks ago

• Ciena wins court approval for Nortel unit bid (AP)

  
  Relevant News — Authority: 514
  AP - Ciena Corp. won court approval Thursday to start bidding on Nortel Network Corp.’s optical and Ethernet division with an offer valued at more than $532 million. View post: (AP)"> (AP)">Ciena wins court approval for Nortel unit bid (AP)
  3 weeks ago

• Ciena Wins Court Approval for Nortel Unit Bid

  
  Horse Racing Tips and Horse Racing Results — Authority: 158
  Ciena won court approval Thursday to start bidding on Nortel Network’s optical and Ethernet division with an offer valued at more than $532 million.Bankruptcy court judges in Delaware and Ontario gave the bid process the green light after requesting changes in the auction rules, The Associated Press reported. ...
  3 weeks ago

• Ciena Wins Court Approval for Nortel Unit Bid

  
  DealBook — Authority: 783
  Ciena won court approval Thursday to start bidding on Nortel Networks optical and Ethernet division with an offer valued at more than $532 million.
  3 weeks ago

• Infonetics: Nortel takes top optical networking spot

  
  Telecom Industry News — Authority: 143
  Given all of the troubles Nortel has had over the past year--a tale that saw not only the recent resignation of the CEO meant to turn things around and an ongoing garage sale of its assets--its a bit ironic that carriers cite the company as their optical vendor of choice. According to Infonetics Optical Equipment ...
  3 weeks ago

• Ciena Must Avoid “Winner’s Curse” in Nortel Auction

  
  Twilight in the Valley of the Nerds — Authority: 480
  Some market analysts now are expecting Ciena to have to fend off competing bids in its attempt to acquire Nortel’s Metropolitan Ethernet Networks (MEN) business, according to a Dow Jones Newswires article. The article, also available here (for those of you without WSJ subscriptions), cites Nokia Siemens Networks and ...
  4 weeks ago

• Stock Market Updates: JPMorgan Chase & Co. (NYSE: JPM), Intel Corp. (NASDAQ: INTC), Blackstone Group LP (NYSE: BX), Ciena Corp. (NASDAQ: CIEN)

  
  Jutia Group — Authority: 562
  JPMorgan Chase & Co. (NYSE: JPM), the second- largest U.S. bank by assets, said third-quarter profit rose almost sevenfold, beating analysts’ estimates as fixed-income revenue…
  4 weeks ago

• Ex-Nortel CEO says company owes him $12 million

  
  Telecom Industry News — Authority: 143
  As reported yesterday in FierceTelecoms sister publication FierceWireless , the recently departed Nortel CEO Mike Zafirovski has filed a claim that the Canadian company owes him more than $12 million in pension, bonus and severance payments. This latest development comes as other former Nortel employees have also ...
  4 weeks ago

• How Much Will Nortel Get for Optical Assets?

  
  All About Nortel — Authority: 129
  It will be interesting to see how much Nortel will get for its optical and Ethernet assets in the wake of Ciena’s $521-million “stalking horse” bid . Given what happened during the auctions for Nortel’s CDMA and enterprise assets, it’s entirely possible the optical and Ethernet assets could fetch $1-billion ...
  4 weeks ago

• Morgan Keegan Analyst Positive on Nortel-Boosted Ciena

  
  Twilight in the Valley of the Nerds — Authority: 480
  A Reuters report cites a Barron’s article in which Morgan Keegan analyst Simon Leopold suggests that Ciena shares could nearly double in the next year. (Yes, that was convoluted, but I wanted to provide proper attribution for all the sources.) Leopold believes improved conditions in the telecommunications sector and ...
  4 weeks ago

• The Return of the Optical Startup — Cyan Optics Launches

  
  GigaOM — Authority: 800
  Every time you watch that YouTube video or “30 Rock” on Hulu, buy music from iTunes, back up your data on Jungle Disk, check out your Twitter status or poke someone on Facebook, what you’re also doing is adding to the demand for bandwidth. It doesn’t matter which part of the world you’re in; it doesn’t ...
  8 weeks ago

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