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Home > Company Index > Telecommunications > Switching & Transmission Equipment > CIENA Corporation

CIENA Corporation
Nasdaq: CIEN
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 NEWS FROM THE WIRES
WRAPUP 1-U.S. stocks, dollar fall; bonds up on econ worries
Aug 23 2001 02:52 PM PDT

U.S. stocks fall on retail slump, rising unemployment
Aug 23 2001 01:55 PM PDT

Hot stocks highlights - Aug. 23
Aug 23 2001 07:01 AM PDT

Toronto stocks lose ground at open
Aug 23 2001 06:58 AM PDT

Toronto stocks seen losing at open
Aug 23 2001 06:21 AM PDT

More WIRE STORIES about this company

 NEWS FROM THE STANDARD
Breaking the Losing Streak
Aug 16 2001 04:24 PM PDT

Ciena Cuts '01 and '02 Outlook
Aug 16 2001 07:03 AM PDT

Heading to the Hamptons
Aug 09 2001 02:18 PM PDT

Telecom's Bright Side
Jul 23 2001 11:48 AM PDT

Ciena Sees the Light
Jul 23 2001 12:00 AM PDT

 PROFILE
Optical expert CIENA has shown that it is here to stay. The company makes multiplexing systems that increase the capacity of long-distance fiber-optic telecommunications networks by transmitting multiple signals simultaneously over the same circuit. CIENA's LightWorks and MultiWave platforms are complete optical transmission and switching systems for telephone service carriers. The company also offers the core line of multiplexers Sentry (upon which it quickly built its reputation) and sells network management software (ON-Center). Major customers include Sprint and Qwest. CIENA generates 33% of its sales from business outside the US.

 COMPETITION
Cisco Systems, Inc. (CSCO)
Lucent Technologies Inc. (LU)
Nortel Networks Corporation (NT)

 DEALS
Deal: Ciena Acquires Cyras
Date Announced: 12.19.00
Value of transaction (US $Mil): 2602
Description: Telecom equipment manufacturer acquires developer of fiber-optic switching systems for metropolitan-area networks for 27 million shares of stock; Ciena also assumes $150 million of Cyras's debt.

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: October
2000 Sales (mil.): 858.80
1-Yr. Sales Growth: 78.1%
Employees: 2,775
Revenue per employee: $309,477.48

 KEY PEOPLE
• Gary B. Smith
    CEO
• Joseph R. Chinnici
    CFO

 CONTACT INFO
1201 Winterson Rd.
Linthicum, MD 21090
US
Phone: 410-865-8500
Fax: 410-694-5750
Online: Web Site

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