Ciena Completes Acquisition of Cyan
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Ciena (CIEN) Completes $488M Acquisition of Cyan
August 3, 2015 8:54 AM EDTCiena (NYSE: CIEN) announced the successful completion of its acquisition of Cyan, Inc., a leading provider of next-generation software and platforms to enable open, agile and scalable software-defined networks, pursuant to the terms of the acquisition agreement.
"Ciena and Cyan make a great combination for our customers as they transform their networks with web-scale technologies to go beyond delivering capacity to create capabilities on demand," said Gary Smith, president and CEO, Ciena. "We believe this acquisition advances our strategy to deliver a complete on-demand solution for virtualized networks and services, and... More
