Ciena's origin begins a quarter of a century ago as a pioneer in optical networking. Our story continues to evolve as we enable our clients to deliver richer, more connected experiences for their users and exceptional outcomes for their business.
Ciena’s success led to its initial public offering in February 1997, at which time Ciena achieved a market capitalization of US $3.4 billion.
2001 - 2005
Ciena was incorporated, and quickly found success pioneering Dense Wavelength Division Multiplexing (DWDM) technology, enabling the transport of greater volumes of information across networks.
Ciena’s long-haul optical transport platform enabled a service provider to transmit more than three million phone calls across a single fiber pair.
Ciena achieved annual revenue of US $1.6 billion, with its market capitalization reaching nearly $30 billion.
Despite a market downturn, Ciena made six bold acquisitions, investing heavily in its product portfolio and enhancing product functionality.
Ciena acquired World Wide Packets, further enhancing its portfolio with Carrier Ethernet access, aggregation, and software solutions.
Ciena acquired Nortel Networks’ Metro Ethernet Networks (MEN), providing access to more diversified expertise and a deeper technology toolkit, and enabling Ciena to become the largest global supplier focused exclusively on the transition to converged optical-Ethernet based networking.
To initiate another game-changing industry shift, Ciena acquired Cyan—making it possible for customers to better tune, control and adjust their networks.
Ciena acquired Packet Design and DonRiver to support the broadest range of closed-loop automation use cases and to further advance the Blue Planet Intelligent Automation Platform.
Ciena announced the availability of its WaveLogic coherent modem technology to optical component leaders Lumentum, NeoPhotonics, and Oclaro—addressing the industry’s shift toward disaggregated models and facilitating greater choice for network operators.
Ciena adds service assurance analytics and network performance management capabilities to round out its comprehensive software portfolio through the acquisition of Centina.