Ciena confirmed that it is in advanced discussions to acquire substantially all of the optical networking and carrier Ethernet assets of Nortel's Metro Ethernet Networks (MEN) business. Financial terms were not disclosed. Ciena said the outcome of these discussions is uncertain and subject to negotiation of definitive agreements.
http://www.ciena.com
Sunday, October 4, 2009
Ciena Seeks to Acquire Nortel's Metro Ethernet Business
Sunday, October 04, 2009
Mergers and Acquisitions, Packet Systems