Ciena Corporation - Company Report

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Company Reports are concise reports that provide a review of the company's activities, corporate strategy and recent developments.
Published: October 2007
Pages: 36

Ciena Corporation develops application-focused network systems, software, and services that support the delivery and transport of voice, video, and data services for telecommunications service providers, cable operators, government agencies, and enterprises worldwide. Its systems are deployed in networks across Asia, Europe, and the Americas, including 23 of the world's top 30 service providers.

Ciena specialises in network transition, providing the flexible platforms, intelligent software, and professional services to build converged, next-generation networks capable of efficiently delivering a broader mix of high-bandwidth services. By improving network productivity, reducing costs, and enabling integrated service offerings, the company's optical, data, and broadband access platforms create business and operational value for its customers.

Incorporated in Delaware in November 1992, and initially called Hydralite, Ciena was the first to market a workable 16-channel DWDM system and now produces a range of long-haul, short-haul, and ring systems. Meanwhile, the company completed its initial public offering (IPO) in February 1997, and its common stock is traded on the US NASDAQ market.