Ciena snapped up Nortel's optical networking and carrier Ethernet business for $768 million in cash and convertible notes. Gary Smith, Ciena CEO, discusses the pluses and minuses of the deal with CNBC's Bill Griffeth.
A preview of the earnings announcements for the day, including HP, with Jayson Noland, Robert W. Baird sr. analyst and Mark Stahlman, Signal Lake Ventures technology strategist.