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News

• Ciena's loss deepens after Nortel metro Ethernet acquisition

  Ciena plunged deeper into the red following its acquisition of Nortel Networks' metro Ethernet business, with sales of its legacy products stagnating, it reported Wednesday.

• Ciena continues local hires

  Networking company, Ciena, continues to hire staff to oversee its Australian and New Zealand operations, appointing Simon Barnard as its new account director for the southern region.

• In brief: Former Telstra staffer to oversee parts of Optus

  A former Telstra manager will oversee parts of the Optus network under his new appointment to US-based networking company, Ciena.
  

• Ciena sets sights on NBN

  With the recent acquisition of Nortel’s optical networking and carrier Ethernet assets under its belt, Ciena has set its sights on the National Broadband Network (NBN) as a launch pad for its Australian and New Zealand operations.
  

• Nortel in '09: Dismantling of a tech stalwart

  This year saw the slow, painful dismantling of Nortel. Its gradual exit from the tech scene played out the entire year, as each month brought news of more layoffs, markdowns or sell-offs.

• Ciena will pay $US769M for Nortel's metro Ethernet business

  Ciena will pay US$769 million for the optical networking and carrier Ethernet assets of Nortel Networks' Metro Ethernet Networks business, the two companies said on Monday.