Last $20.55 USD
Change Today -0.38 / -1.82%
Volume 3.7M
CIEN On Other Exchanges
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As of 8:04 PM 07/10/14 All times are local (Market data is delayed by at least 15 minutes).

ciena corp (CIEN) Snapshot

Open
$20.59
Previous Close
$20.93
Day High
$20.85
Day Low
$20.26
52 Week High
10/22/13 - $27.94
52 Week Low
05/7/14 - $18.00
Market Cap
2.2B
Average Volume 10 Days
2.7M
EPS TTM
$-0.32
Shares Outstanding
105.6M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CIENA CORP (CIEN)

ciena corp (CIEN) Related Businessweek News

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ciena corp (CIEN) Details

Ciena Corporation provides communications networking equipment, software, and services that support the transport, switching, aggregation, and management of voice, video, and data traffic worldwide. The company operates through Converged Packet Optical, Packet Networking, Optical Transport, and Software and Services segments. The Converged Packet Optical segment offers networking solutions optimized for the convergence of coherent optical transport, OTN switching, and packet switching. Its products include the 6500 Packet-Optical Platform, CoreDirector Multiservice Optical Switches, 5430 Reconfigurable Switching System, and OTN configuration for the 5410 Reconfigurable Switching System. This segment also sells operating system software and enhanced software features embedded in each of these products. The Packet Networking segment principally provides the company’s 3000 family of service delivery switches and service aggregation switches, the 5000 series of service aggregation switches, and its Ethernet packet configuration for the 5410 Service Aggregation Switch. The Optical Transport segment transports voice, video, and data traffic at high transmission speeds. Its principal products include the 4200 Advanced Services Platform, Corestream Agility Optical Transport System, 5100/5200 Advanced Services Platform, Common Photonic Layer, and 6100 Multiservice Optical Platform. The Software and Services segment offers network software suite, including the OneControl Unified Management System, an integrated network and service management software designed to automate and simplify network management, operation, and service delivery; and the ON-Center Network & Service Management Suite, Ethernet Services Manager, Optical Suite Release, and network level applications. This segment also provides consulting, network design, installation and deployment, maintenance support, and training services. Ciena Corporation was founded in 1992 and is headquartered in Hanover, Maryland.

4,998 Employees
Last Reported Date: 06/11/14
Founded in 1992

ciena corp (CIEN) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $750.6K
Executive Chairman and Member of Government A...
Total Annual Compensation: $300.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $450.6K
Senior Vice President of Worldwide Sales & Fi...
Total Annual Compensation: $495.4K
Senior Vice President of Global Products Grou...
Total Annual Compensation: $409.3K
Compensation as of Fiscal Year 2013.

ciena corp (CIEN) Key Developments

Ciena Unveils Agility Software Portfolio to Enable Virtualized Network Capabilities

Ciena introduced its Agility software portfolio. Including a multilayer SDN controller for the WAN and an initial set of three new software applications, Agility enables the delivery of virtualized, on-demand network services and functions. It leverages advanced, real-time analytics to help network operators provision multi-vendor networks, ensure maximum efficiency and resiliency, and rapidly create and deploy new, differentiated virtualized services at lower cost. Ciena's new Agility software portfolio is built using the OpenDaylight framework. This gives network operators the ability to leverage a mix of open source, self-developed and vendor components from a broad ecosystem and helps them avoid being locked-in to a single vendor. Building on the company's pedigree in intelligent software capabilities via its OPn(R) network architecture, Agility also enables the network to dynamically predict and respond to changing demands from high-bandwidth services and applications. This allows providers to monetize and optimize their networks, enterprises to optimize user application experience, and government agencies to ensure mission-critical performance. Ciena's new Agility Multilayer WAN Controller gives network operators agile allocation of network resources at the packet, circuit and wave layers and is uniquely designed for WAN scale, reach and resiliency. By leveraging the vendor-neutral OpenDaylight ecosystem, Ciena's controller delivers an open, modular architecture which eliminates the prospect of vendor lock-in, enabling network operators to source network applications from Ciena, third parties, and their own IT staff. This controller is a focal point of joint development with Ericsson and further development will leverage contributions from both companies to expand its capabilities. Complementing the Agility Multilayer WAN Controller, Ciena's suite of SDN applications use advanced real-time analytics to provide greater network assurance, efficiency, monetization and application-driven agility. The new network applications include: Navigate, Protect, Optimize, and V-WAN.

Equinix, Inc. and Ciena Enable On-Demand Virtual Network Capabilities

Equinix Inc. has teamed with Ciena to enable on-demand virtual network capabilities that allow service provider and enterprise customers to quickly provision high-speed, high-capacity network resources whenever they need them. Extending across the U.S., EMEA and Asia-Pacific, these 'on-demand' networks allow Equinix customers to benefit from the full promise of cloud providing access to massive amounts of compute and network resources, exactly and only when needed. For example, a video service provider can provision an on-demand, high-speed connection during a major sporting event to stream low-latency HD video and other bandwidth-intensive applications during peak demand, and then decommission the connection once the event is over, only paying for actual usage. Equinix on-demand services will be supported by a programmable SDN architecture, leveraging Ciena Optical VPN and NFV. Equinix is utilizing Ciena's 6500 platform in its metropolitan networks in the United States, Europe, Middle East and Asia-Pacific providing 100G capabilities with a path to 400G and beyond in the future. In addition, Ciena's V-WAN network resource broker and scheduling application as well as its network management capabilities lay the foundation for multi-layer SDN control, allowing Equinix to rapidly create and provision high-speed connections with greater agility and lower costs.

TeliaSonera International Carrier Selects Ciena Corporation Converged Packet Optical Platform for the Pan-European Segment of its Global Fibre Network

Ciena Corporation converged packet optical platform has been selected by TeliaSonera International Carrier (TSIC) for the pan-European segment of its global fibre network. By deploying Ciena's 5400 across its core infrastructure in Europe, TSIC is creating a scalable and flexible OTN-based network that promotes its vision to support service providers with bandwidth- and network-on-demand transport services.

 

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Price/Earnings NM Not Meaningful
Price/Sales 1.0x
Price/Book NM Not Meaningful
Price/Cash Flow 189.1x
TEV/Sales 0.3x
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