- Business
- Ciena Corporation (NYSE: CIEN; LSE: 0HYA) provides networking hardware, software, and services that enable the transport, switching, aggregation, and management of voice, video, and data traffic across optical and packet-based networks for telecommunications carriers, cloud providers, and enterprises worldwide; core offerings include the 6500 family of packet-optical platforms for edge-to-core scalability, WaveLogic family optics supporting 100G to 1.6 Tb/s wavelengths, Waveserver family for compact modular transport, 8000 family for high-capacity routing and switching, WaveRouter family for IP-optical unification, coherent routers and pluggable transceivers, enterprise routers and business service platforms, broadband solutions featuring uOLT and PON support, Blue Planet cloud-native automation platform with inventory, orchestration, and AI-driven assurance modules, and managed services spanning build, operate, and improve categories. Founded in 1992 and headquartered in Hanover, Maryland, the company operates globally with major facilities in the United States, Canada, India, and Europe, serving customers such as AT&T, Verizon, Deutsche Telekom, and hyperscalers focused on AI and cloud infrastructure. In September 2025, Ciena entered a definitive agreement to acquire Nubis Communications for $270 million in cash to expand its data center portfolio with high-performance optical and electrical interconnects tailored for AI workloads, a transaction expected to close in its fiscal fourth quarter; earlier, in October 2024, its board authorized a $1 billion share repurchase program.