Ciena Corporation is to acquire network performance solution provider, Centina, incorporating the company’s technology and engineering expertise into its Blue Planet division. Gregg Lampf In August 2015, Ciena completed the acquisition of Cyan, a provider of packet-optical platforms and SDN/NFV orchestration and management solutions. Any offer for the convertible notes will only be made pursuant to the terms of a fundamental change notice and offer to purchase. Revenue surpassed $700 million by August 1998, and Ciena had approximately 1,300 employees at the time. For a period of time following the closing, the note holders may elect to convert such notes at an increased conversion rate, or alternatively require that all or a portion of their notes be purchased by Ciena for cash at a purchase price equal to the principal plus accrued interest. Ciena (NYSE:CIEN) has officially closed the acquisition of Centina Systems, which will be integrated into Ciena's Blue Planet division. Ciena Blue Planet, IBM and Optare Solutions, with AT&T, BT, Orange, Telecom Italia, Telus, Verizon, Videotron and Vodafone championing the network. (877) 857 -7377 In addition, Ciena assumed Cyan’s $50.0 million in outstanding principal amount of 8.0% Convertible Senior Notes due 2019. Financial performance and shareholder disapproval were cited in the media as reasons for the abandoned acquisition proposal in September 1998. Comments are limited to 1500 characters. With the addition of multi-domain, multi-layer service assurance to the portfolio, Blue Planet now collects and collates the fault, event, and performance data that’s necessary to trigger automated self-healing and self-optimization, effectively closing the loop to improve the user experience and overall operational efficiency for our customers.- Kailem Anderson, VP of Portfolio and Engineering, Blue Planet. Rick Hamilton, SVP of Global Software and Services at Ciena, details how the integration of these new capabilities into our Blue Planet portfolio will help our customers in their journey to the Jamie Moody Mike Hatfield, formerly Cyan’s president, has been appointed to lead the Blue Planet division as a senior vice president of Ciena. The former vSure service assurance solution will be combined with our existing Blue Planet Analytics (BPA) software and related assets to form a new family known as Blue Planet Unified Assurance and Analytics (UAA). Official Official List of tallest buildings in Genoa (93 words) [view diff] exact match in snippet view article find links to article Forward-looking statements. Ciena® Corporation (NYSE: CIEN), the network specialist, today announced the successful completion of its acquisition of Cyan, Inc., a leading provider of next-generation software and platforms to enable open, agile and scalable software-defined networks, pursuant to the terms of the acquisition agreement. Ciena has officially completed the acquisition of DonRiver. "Ciena and Cyan make a great combination for our customers as they transform their networks with web-scale technologies to go beyond delivering capacity to create capabilities on demand," said Gary Smith, president and CEO, Ciena. The past 18 months have been a transformative period for Blue Planet, marked by three key acquisitions. The acquisition of Centina advances Blue Planet's position as an emerging leader in operational support systems [OSS], focused on closed-loop automation. Since its acquisition of Cyan a few years ago, Ciena has continued to build up its software and services division. Working with Ciena’s Blue Planet division, Windstream used intelligent automation to make its managed SD-WAN service more agile and dynamic. Vice President, Portfolio and Engineering, Blue Planet. Ciena (NYSE: CIEN) is the network specialist. Ciena Corporation Ciena assumed all then-outstanding Cyan stock awards and substituted for them approximately 1.0 million Ciena restricted stock unit awards and stock options exercisable for approximately 2.4 million shares of Ciena common stock. The division, which includes Ciena’s former Agility business, will focus on helping customers automate services – from creation to orchestration to delivery – across both physical and virtual domains, in order to drive greater competitive advantage, create new revenue opportunities, and lower costs associated with hardware and operations. The Blue Planet solution has become a key piece of the company’s plans to support network and services automation. Aamir Hussain, executive vice president and chief technology officer at CenturyLink, commented: “Together, Ciena and Cyan will help us accelerate innovation toward on-demand next-generation virtualized network functions and services to enterprise and SME customers across our footprint. Héctor López Tellabs announced the purchase of Ciena for $7.1 billion in June. The acquisition of Packet Design will help accelerate Ciena’s Blue Planet software strategy by extending its intelligent automation capabilities beyond Layers 0-2 and into IP with critical new capabilities to help customers optimize service delivery and maximize network utilization. Ciena assumes no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise. This press release contains certain forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties. Hector Lopez CEO & Co-Founder at Instasize. The merger was not completed. Centina’s technology and engineering expertise will be integrated into Blue Planet, a division of Ciena. With Unified Assurance and Analytics integrated in the portfolio, Blue Planet’s focus on closed-loop automation is unique and unmatched in the operational support systems (OSS) market, rounding out a comprehensive software portfolio that delivers multi-domain orchestration, federated inventory, route optimization, and analytics capabilities to support the broadest range of closed-loop automation use cases across multi-layer, multi-vendor networks. But he praised the latest deal-making. Ciena Expands Blue Planet by Acquiring Centina for Service Assurance while Unveiling Its New Real-Time Inventory and Network Synch Solution, Tier-1 Pan-Asian service provider assures MPLS, Analysys Mason: Telefonica Germany is partnering, Implementing real-time service assurance, a, Blue Planet Virtual Insiders Forum Report: An, New Blue Orbit partner program brings more than, Service Provider Improves Layer 3 VPN Customer, Etisalat Takes Major Leap Toward an Autonomous, Federation: Building the single source of truth, Multi-Domain Service Orchestration (MDSO), Blue Planet Route Optimization and Analysis (ROA) family, Featured Article: Tier-1 Pan-Asian service provider assures MPLS services and ensures customer satisfaction with Blue Planet. The Blue Planet product portfolio includes Cyan's software applications, including Planet Orchestrate and Planet Operate, as well as Ciena's SDN Multilayer WAN Controller and its applications, V-WAN, Agility Matrix and network management solutions. Only days after CEO Gary Smith said some bolt-on M&A action might be in the offing to bolster its Blue Planet software stack, Ciena has announced it is … 1 - Accession Number 0000718891-99-000027 - Filing - SEC Ciena Completes Acquisition of Cyan New Blue Planet business division to lead Company’s software activities to deliver greater efficiency, automation and agility of both physical and virtual network functions HANOVER, Md. Ciena (NYSE: CIEN) is a network strategy and technology company. Complementing Ciena's network control and application software technologies, Cyan adds multi-vendor network and service orchestration and next-generation network management software. The combination of these two companies provides us the opportunity to work with an industry-leading software partner to continue driving our network transformation through an open, software-enabled architecture. Ciena has officially closed the acquisition of Centina Systems, which will be integrated into our Blue Planet division. This acquisition formed the foundation of Ciena’s Blue Planet ‘Intelligent Automation Platform’ and the strategic focus of its growing software business. Kailem Anderson, VP of Portfolio and Engineering for Blue Planet, details the crucial set of capabilities Centina brings that allow Blue Planet to fully execute on its closed-loop automation … Shreyas has 5 jobs listed on their profile. Leveraging Ciena’s OPn architecture approach, Blue Planet solutions will reduce network operators’ reliance on closed, costly and complex vertically integrated infrastructures in favor of open, agile, software-controlled network environments.”. Each acquisition added key capabilities to meet this important goal: The work of integrating Centina’s software within Blue Planet has already begun. Ciena has entered into a definitive agreement to acquire privately-held Centina, a provider of service assurance analytics and network performance management solutions. Blue Planet Division. The division is comprised of teams responsible for software development, product line management, product marketing, service and support, sales and business development. “The combination of Blue Planet and DonRiver will enhance our ability to deliver closed loop automation of network services and the underlying operational processes across IT/operations and the network,” said Rick Hamilton, senior vice president of Global Software and Services at Ciena about the latest acquisition. For updates on Ciena news, follow us on Twitter @Ciena or on LinkedIn http://www.linkedin.com/company/ciena. 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. The Blue Planet portfolio offers a carrier-grade, multi-vendor SDN and NFV platform designed to automate, orchestrate, and manage the lifecycle of virtualized services across data centers and the WAN. Press Contacts: Copyright © 2021 Ciena Corporation. The acquisition of Centina advances Ciena's (CIEN) Blue Planet's position as an emerging leader in operational support systems with focus on closed-loop automation. Centina’s industry-leading technology and engineering expertise will be integrated into Blue Planet, a division of Ciena. Hector Lopez. Hatfield commented, “Ciena’s Blue Planet division will provide next-generation multi-vendor network management software and service orchestration solutions, for both physical and virtual network functions, to accelerate our customers’ network transformation strategies. Senior Vice President, Blue Planet Software Ciena has officially completed the acquisition of Packet Design. It also includes a family of applications designed to control and manage both physical network elements and virtual SDN/NFV resources. Centina brings with it a wealth of OSS and assurance experts, enhancing our ability to deliver the critical features service providers are demanding. The acquisition of Centina is intended to accelerate Blue Planet’s software strategy of providing closed-loop, intelligent automation solutions that help communications service providers improve operational agility while delivering a highly differentiated customer experience. From time to time we exclusively post material information to this website along with other disclosure channels that we use. 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. Ciena Debuts New Blue Planet Software, Reinventing Network Management for Customers Blue Planet MCP integrates network and service management, software-based control and online planning to drive service agility and operational efficiencies Feb 09, 2017 Rick Hamilton, SVP of Global Software and Services at Ciena, details how the integration of these new capabilities into our Blue Planet portfolio will help our customers in their path to the Adaptive Network. Kailem Anderson. These major moves were guided by our vision to expand Blue Planet from its origins as the industry’s defining multi-domain service orchestrator, to a more complete software portfolio focused on closed-loop automation to help accelerate our customers’ journey to more adaptive, self-healing and self-optimizing networks. New Jersey, United States. Ciena Corporation "They were also part of Ciena's Blue Orbit ecosystem and would have complemented Ciena Blue Planet's acquisition of Centina Systems." Accordingly, in conjunction with today's announcement, Ciena is unifying the software activities of both companies under a single brand and set of resources known as the Blue Planet … View Shreyas Kusuma Ramesh, CSM’S profile on LinkedIn, the world's largest professional community. Copyright © 2021 Ciena Corporation. There was a problem with your video. Multi-Domain Service Orchestration (MDSO), Featured Article: Tier-1 Pan-Asian service provider assures MPLS services and ensures customer satisfaction with Blue Planet. Ciena has officially closed the acquisition of Centina Systems, which will be integrated into our Blue Planet division. I’d like to welcome the Centina team into our Blue Planet family. The Blue Planet product portfolio includes Cyan's software applications, including Planet Orchestrate and Planet Operate, as well as Ciena's SDN Multilayer WAN Controller and its applications, V-WAN, Agility Matrix and network management solutions. VP Strategic Accounts at Ciena Blue Planet. Accordingly, in conjunction with today’s announcement, Ciena is unifying the software activities of both companies under a single brand and set of resources known as the Blue Planet division. Thank you. Ciena ® Corporation (NYSE: CIEN) has entered into a definitive agreement to acquire privately-held Centina, a leading provider of service assurance analytics and network performance management solutions. November 4, 2019. Kailem Anderson, VP of Portfolio and Engineering for Blue Planet, details the crucial set of capabilities Centina brings that allow Blue Planet to fully execute on its closed-loop automation vision. Another version is available. ir@ciena.com. The acquisition aims to accelerate Blue Planet’s software strategy of providing closed-loop, automation solutions that help service providers improve operations. Héctor López. The solution operates on a microservices-based, cloud-native platform, with automation across IT and network operations and integrated analytics and artificial intelligence (AI) for network insights and intelligence. With best-in-class technology, we can deliver on our commitment to utilize network resources more efficiently and provide service velocity for a range of high-performance applications.". The acquisition of Centina advances Ciena's (CIEN) Blue Planet's position as an emerging leader in operational support systems with focus on closed-loop automation. Today marks an exciting day in the ongoing evolution of Blue Planet, as we have officially closed the acquisition of Centina, a leading provider of service assurance analytics and network performance management solutions. Accordingly, in conjunction with today's announcement, Ciena is unifying the software activities of both companies under a single brand and set of resources known as the Blue Planet division. Ciena leverages its deep expertise in packet and optical networking and distributed software automation to deliver solutions in alignment with its OPn architecture for next-generation networks. Most importantly, it will help us continue to deliver compelling intelligent automation solutions that help our customers address their business challenges, transform their networks, and modernize their operations. Ciena is committed to leading the industry into a new era of truly open, software-defined, multi-vendor networks. — August 3, 2015 Based on the closing price of Ciena’s common stock on July 31, 2015, the last trading day prior to the closing of the transaction, the aggregate value of the cash and stock consideration paid was approximately $488 million (or $415 million, net of estimated cash acquired) and inclusive of Cyan’s outstanding convertible notes on an as-converted basis. We’ll be sharing more details on UAA in the coming weeks. The division is comprised of … All rights reserved. Ciena is committed to leading the industry into a new era of truly open, software-defined, multi-vendor networks. Kailem Anderson, VP of Portfolio and Engineering for Blue Planet, details the crucial set of capabilities Centina brings that allow Blue Planet to fully execute on its closed-loop automation vision. 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. This press release is for informational purposes only and is not an offer to sell or purchase or the solicitation of an offer to sell or purchase any securities discussed herein. In the event that note holders do not make either such election, such notes will remain the obligation of Ciena. Ciena is committed to leading the industry into a new era of truly open, software-defined, multi-vendor networks. (877) 243 6273 pr@ciena.com, Investor Contacts: We collaborate with customers worldwide to unlock the strategic potential of their networks and fundamentally change the way they perform and compete. All rights reserved. 1500 characters remaining. We translate best-in-class technology into value through a high-touch, consultative business model – with a relentless drive to create exceptional experiences measured by outcomes. The path to digital transformation and network automation is about more than intelligent software –... A major service provider in Asia wanted to assure their MPLS VPN services and raise the bar on... Transforms Transport Network with End-to-End Service Automation Deployment. 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-Q, which Ciena filed with the Securities and Exchange Commission on June 10, 2015 as well as the risk factors set forth in the combined proxy statement and prospectus filed by the Company on June 30, 2015. The combined capabilities of Ciena and Cyan create even stronger support and greater forward innovation for customers, inclusive of commitments for Cyan's Z-Series Packet-Optical Platform. Blue Planet Division. Ciena Corp., of Hanover, has entered into a definitive agreement to acquire privately held Centina, a provider of service assurance analytics and network performance management solutions.Centina’s technology and engineering expertise will be integrated into Blue Planet, a division of Ciena. Salt Lake City Metropolitan Area. Centina’s industry-leading technology and engineering expertise will be integrated into Blue Planet, a division of Ciena. Ciena has officially closed the acquisition of Centina Systems, which will be integrated into our Blue Planet division. Blue Planet Division Ciena is committed to leading the industry into a new era of truly open, software-defined, multi-vendor networks. Further strengthening Ciena’s leadership in packet-optical, Cyan brings a growing metro packet-optical business with a complementary base of key customers. Centina’s industry-leading technology and engineering expertise will be integrated into Blue Planet, a division of Ciena. Your comment has been received and should appear on the blog shortly. "We believe this acquisition advances our strategy to deliver a complete on-demand solution for virtualized networks and services, and greater control and choice for customers in an open ecosystem.". Centina is a provider of OSS, service assurance analytics, and network performance management solutions.The acquisition of Centina is intended to add a set of capabilities to allow Blue Planet to execute on closed-loop automation. Under the terms of the acquisition agreement, Ciena acquired all of the outstanding shares of Cyan common stock in exchange for approximately $33.6 million in cash and 10.6 million shares of Ciena common stock. Fidelity Concord Street Trust - ‘N-30D’ for 8/31/99 Annual or Semi-Annual Report Mailed to Shareholders of an Investment Company - Seq. Ciena is committed to leading the industry into a new era of truly open, software-defined, multi-vendor networks. ", Randy Nicklas, executive vice president of engineering and chief technology officer at Windstream, commented: "The combination of Ciena and Cyan creates a true leader in packet-optical with a shared vision that will help advance the execution of our next-generation metro and access strategy. See the complete profile on LinkedIn and discover Shreyas’ connections and jobs at similar companies. Blue Planet first became a part of Ciena’s portfolio in 2015, when it purchased Cyan. Mike Hatfield, formerly Cyan’s president, has been appointed to lead the Blue Planet division as a senior vice president of Ciena. Has entered into a new era of truly open, software-defined, multi-vendor networks control and both..., such notes will remain the obligation of Ciena remain the obligation of.! Services automation a wealth of OSS and assurance experts, enhancing our to. Million by August 1998, and Ciena had approximately 1,300 employees at the time s $ 50.0 million outstanding... 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