World News: 11:00 GMT Monday 20th March 2017. [Ciena Corporation via Businesswire via SPi World News]
Ciena® (NYSE: CIEN) today announced it is extending the market reach of its industry-leading WaveLogic coherent modem technology by making it available to a range of industry participants. Optical component leaders Lumentum (NASDAQ: LITE), NeoPhotonics (NYSE: NPTN) and Oclaro (NASDAQ: OCLR) will each leverage Ciena’s WaveLogic technology to build coherent optical modules that offer industry-leading rates and reach to optimize networks across a wide range of applications. In addition, each of the companies will form part of an ecosystem that will focus on standards-based innovation to enable customer choice in the emerging 400G pluggable market, which is being driven by data center interconnect (DCI) requirements for greater scale, improved power efficiency and lower costs.
Ciena executives will host a live event for the investment community today, March 20, 2017, at 2:30 PM (Pacific) at the Los Angeles Convention Center. The event will also be web broadcast live via www.ciena.com. Speakers include Jim Moylan, Chief Financial Officer; Steve Alexander, Chief Technology Officer; and James Frodsham, Chief Strategy Officer; who will provide additional detail on today’s news.
For those listeners unable to participate in the live web broadcast, an archived version will be available shortly following the conclusion of the live event in the Investor Relations/Events section of Ciena’s website at www.ciena.com.
Ciena (NYSE: CIEN) is a network strategy and technology company. We translate best-in-class technology into value through a high-touch, consultative business model – with a relentless drive to create exceptional experiences measured by outcomes. For updates on Ciena, follow us on Twitter @Ciena, LinkedIn, the Ciena Insights blog, or visit www.ciena.com.
Note to Ciena Investors
You are encouraged to review the Investors section of our website, where we routinely post press releases, SEC filings, recent news, financial results, and other announcements. From time to time we exclusively post material information to this website along with other disclosure channels that we use. This press release contains certain forward-looking statements that are based on our current expectations, forecasts, information and assumptions. These statements involve inherent risks and uncertainties. Actual results or outcomes may differ materially from those stated or implied, as a result of risks and uncertainties, including those detailed in our most recent annual or quarterly report filed with the SEC. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies and can be identified by words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words. Ciena assumes no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.
Business Wire: 11:00 GMT Monday 20th March 2017
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