Tag Archives: Optical

Ciena Looking at Nortel Assets

By Mark Evans | Published: October 5, 2009
According to Bloomberg, Ciena Corp. is in discussions to acquire most of Nortel’s optical networking and Ethernet assets. Although the are reportedly “advanced,” Ciena said a deal would only happen after a competitive bidding process. The asset that Ciena wants is Nortel’s metro Ethernet network (MEN) business, which Nortel originally put on the block a [...]
Posted in M&A | Also tagged , , , | 18 Comments

Ciena Hunting for MEN

By Mark Evans | Published: September 4, 2009
According to an industry analyst, Ciena Corp. is among two finalists in the running to buy Nortel’s Metro Ethernet Network business under the same “stalking horse” process used to sell the CDMA and enterprises businesses. LightReading reports that Jefferies & Co. analyst George Notter believes Ciena and a private equity investor have made an offer. [...]
Posted in Financials, Optical | Also tagged , , | 9 Comments

Who’s Looking for a Good MEN?

By Mark Evans | Published: August 12, 2009
Amid Mike Z.’s decision to abandon ship, the sale of the CDMA business to Ericsson, and calls for the federal government to block the Ericsson deal, it’s been interesting to see how little attention has been paid to Nortel’s Metro Ethernet Networking business. This is, after all, a business that was seen as Nortel’s crown [...]
Posted in Financials, Optical | Also tagged , , , | 54 Comments
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