Home & Office
Update: Ciena expands Net reach with Cyras buy
Moving deeper into one of the hottest networkingmarkets, optical equipment maker Ciena on Tuesdaysaid it has agreed to buy privately held Cyras Systemsin a stock deal valued at about $2.6 billion.
Moving deeper into one of the hottest networking markets, optical equipment maker Ciena on Tuesday said it has agreed to buy privately held Cyras Systems in a stock deal valued at about $2.6 billion.
Ciena said Cyras' family of products will help extend its reach from the core of service provider networks to metropolitan access and other large customer networks. Full story. -- Melanie Austria Farmer, Special to ZDNet Inter@ctive Investor