Monday, 23 Nov 2009 | Source: The Associated Press
Ciena Corp. and Nortel Networks Corp. said Monday that Nortel has sold its global optical networking and carrier ethernet businesses to Ciena for $769 in cash and debt.
Monday, 16 Nov 2009 | Source: The Associated Press
Shares of Ciena Corp. headed higher Monday as Nortel Networks Corp.'s announcement Friday of a delay of the auction of its optical unit was seen as positive for the company.