Ciena Corp., a computer networking company based in Hanover, showed increased revenues in its first quarter, but had a loss because of changes in federal tax law.Read More »
Investors who held debt from Ciena Corp, a networking company based in Hanover, recently agreed to exchange some old notes for new ones. About 82.5 percent of outstanding 3.75 percent convertible senior notes due 2018, worth about $288.73 million aggregate principal amount ...Read More »
A Maryland maker of telecommunications networking equipment has had its product used in the launch of a new service in Pennsylvania. Hanover-based Ciena Corp.’s packet networking solutions are used in a new internet connectivity deployment, called IdealConnect, by Ideal Integrations, ...Read More »
Communications network equipment maker Ciena Corp. said Thursday that its second-quarter loss narrowed, helped by a 14 percent jump in revenue. Gary Smith, the company’s president and chief executive, said Ciena remains well positioned for future growth and still expects ...Read More »
Linthicum-based Ciena Corp. and Belcamp-based SafeNet Inc. announced a partnership to jointly sell high-speed Ethernet link encryption services for commercial and government networks, backed by Ciena’s Carrier Ethernet and Packet-Optical platforms and SafeNet’s Ethernet Encryptor systems. Ciena makes fiber-optic network ...
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Network equipment maker Ciena Corp. reported a smaller net loss Thursday for its fiscal fourth quarter, helped by higher revenue and lower operating expenses. President and CEO Gary Smith said Linthicum-based Ciena is gaining market share amid the economic downturn. ...Read More »