Ciena Announces Strategic Global Agreement with Ericsson
Best-of-breed converged packet-optical and IP solutions to be delivered
Industry leaders to collaborate on accelerating adoption of SDN-based open
HANOVER, Md. -- February 14, 2014
Ciena^® Corporation (NYSE:CIEN), the network specialist, and Ericsson
(NASDAQ:ERIC), a world-leading provider of telecommunications equipment and
services to mobile and fixed network operators, today announced a strategic
global agreement that includes packet-optical distribution, converged
IP/optical joint development and distribution as well as an SDN collaboration
Ericsson brings to Ciena a wide range of strategic relationships with global
service providers, a strong position in wireless infrastructure and evolved
packet-core solutions, and a worldwide professional services organization.
Ericsson benefits from Ciena’s best-in-class innovation and packet-optical
expertise resulting from years of deep customer relationships across a wide
range of network domains.
Ericsson will offer Ciena's Converged Packet Optical portfolio, including the
6500 Packet-Optical Platform and 5400 family, to deliver a broader set of
infrastructure solutions as customers migrate to new converged network
architectures. In addition, Ciena’s WaveLogic coherent optical technology will
be integrated into Ericsson’s IP portfolio, creating a solution that allows
customers to seamlessly interoperate routers with Ciena’s industry-leading
Ciena and Ericsson are committed to accelerating the availability of open,
programmable, software-defined networks. Under a collaboration framework, the
companies will seek to leverage their combined resources and expertise with
plans to jointly develop and co-market service provider SDN technology.
“The strategic agreement combines Ciena’s and Ericsson’s strengths in the
development of an open SDN network for converged IP and Optical transport,”
said Jan Häglund, Vice President and Head of Product Area IP & Broadband,
Ericsson. “The re-seller agreement will allow Ericsson to complement our 4^th
Generation IP portfolio with Ciena’s industry-leading packet-optical products.
This will create an even stronger offering to our customers.”
“Consistent with our OP^n network architecture for intelligent network
evolution, the industry is moving toward an ecosystem of more specialized
players as the transformation accelerates toward open, programmable,
multi-vendor networks that scale and adapt to network-level applications and
services,” said Gary Smith, President and CEO, Ciena. “Together, Ciena and
Ericsson will bring best-in-class solutions to customers around the globe to
better address the evolving requirements for software-driven, converged
Live Conference Call / Web Broadcast
Ciena will host a conference call today, Friday, February 14, 2014 at 8:30
a.m. (Eastern), with investors and financial analysts to discuss the strategic
global agreement with Ericsson. The live broadcast will be available via
Ciena's homepage at http://www.ciena.com/. An archived version will be
available shortly following the conclusion of the live broadcast on the
Investor Relations page of Ciena’s website at: http://investor.ciena.com.
Ciena (NYSE:CIEN) is the network specialist. We collaborate with customers
worldwide to unlock the strategic potential of their networks and
fundamentally change the way they perform and compete. Ciena leverages its
deep expertise in packet and optical networking and distributed software
automation to deliver solutions in alignment with its OP^n architecture for
next-generation networks. We enable a high-scale, programmable infrastructure
that can be controlled and adapted by network-level applications, and provide
open interfaces to coordinate computing, storage and network resources in a
unified, virtualized environment. For updates on Ciena news, follow us on
Twitter @Ciena or on LinkedIn http://www.linkedin.com/company/ciena. Investors
are encouraged to review the Investors section of our website at
www.ciena.com/investors, where we routinely post press releases, SEC filings,
recent news, financial results, and other announcements. From time to time we
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disclosure channels that we use.
Note to Ciena Investors
Forward-looking statements. This press release contains certain
forward-looking statements based on current expectations, forecasts and
assumptions that involve risks and uncertainties. These statements are based
on information available to the Company as of the date hereof; and Ciena's
actual results could differ materially from those stated or implied, due to
risks and uncertainties associated with its business, which include the risk
factors disclosed in its Report on Form 10-K, which Ciena filed with the
Securities and Exchange Commission on December 20, 2013. Forward-looking
statements include statements regarding Ciena's expectations, beliefs,
intentions or strategies regarding the future and can be identified by
forward-looking 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.
Nicole Anderson, 410-694-5700
Gregg Lampf, 410-694-5700
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