Fiber Optics News

CIENA MOVES HEADSTRONG INTO INTELLIGENT NETWORKING.(Ciena Corp. of Linthicum, Maryland)

In the telecom business, one of the keys to grabbing market share is to jump on an emerging technology early in development. Ciena Corp. [CIEN] of Linthicum, Md., is pursuing this business model. The telecom equipment provider revealed March 15 it is purchasing Lightera Networks Inc. of Cupertino, Calif., for $552 million in stock, and Omnia Communications of Marlborough, Mass., for $429 million in stock.

The move to buy Lightera signals a bold entry into a new market for Ciena. Lightera is launching a product in the fourth quarter, the LightWorks optical switching platform, which switches wavelengths of light among dense wavelength division multiplexing nodes in fiber optic networks (see FON, March 8, 1999). …

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