Ciena

Ciena is a network and technology company that specializes in providing network hardware, software, and services essential for the transport, switching, aggregation, service delivery, and management of video, data, and voice traffic across communications networks. With a focus on innovation, Ciena combines the reliability and capacity of optical networking with the flexibility of Ethernet, supported by a comprehensive software suite that enhances network automation. The company caters to various sectors, including communication service providers, web-scale operators, cable operators, government entities, and large enterprises globally. Ciena operates through several segments, including Networking Platforms, Platform Software and Services, Blue Planet Automation Software, and Global Services, with a significant presence in the United States, Canada, Europe, and Latin America.

Gary Smith

President, CEO and Board Member

24 past transactions

FLEX

Post in 2023
Flex Ltd. is a global provider of design, engineering, manufacturing, and supply chain services to original equipment manufacturers across Asia, the Americas, and Europe. The company operates through various segments, including High Reliability Solutions, Industrial and Emerging Industries, Communications & Enterprise Compute, and Consumer Technologies Group. Flex offers a diverse range of technologies in electrical and electronic systems, software, human-machine interfaces, and Internet of Things (IoT) platforms. Its capabilities extend to designing and integrating advanced data center servers and networking equipment, as well as providing value-added services such as systems assembly, materials procurement, and inventory management. Additionally, Flex produces power supplies, chargers, and adapters for various markets, along with offering comprehensive logistics solutions, including supply chain design, asset tracking, and reverse logistics. Founded in 1990 and headquartered in Singapore, Flex was formerly known as Flextronics International Ltd. and rebranded in September 2016.

Benu Networks

Acquisition in 2022
Benu Networks is a privately held telecommunications software company based in Billerica, Massachusetts. The company specializes in developing innovative software solutions that simplify complex edge networks. Its next-generation Virtual Service Edge (VSE) platform integrates cable modem termination system (CMTS) functions, allowing network operators to create and deliver Internet Protocol (IP) services over a converged infrastructure. With over a decade of industry experience, Benu Networks focuses on transforming legacy networks, managing services elastically, and supporting the transition to 5G technology. The company is backed by reputable venture capital firms, underscoring its potential for growth and impact in the telecommunications sector.

TiBit Communications

Acquisition in 2022
TiBit Communications is a manufacturer specializing in innovative technology designed to transform broadband access deployment across global Service Provider markets, including cable, telecommunications, and wireless sectors. The company produces small, low-power, and cost-effective pluggable devices that facilitate virtualization of the access network. These devices enable multi-Gigabit connectivity and allow high-performance Ethernet switching systems to replace traditional access equipment. By simplifying network architecture, TiBit's solutions empower businesses to reduce costs while enhancing overall network efficiency.

TiBit Communications

Series C in 2022
TiBit Communications is a manufacturer specializing in innovative technology designed to transform broadband access deployment across global Service Provider markets, including cable, telecommunications, and wireless sectors. The company produces small, low-power, and cost-effective pluggable devices that facilitate virtualization of the access network. These devices enable multi-Gigabit connectivity and allow high-performance Ethernet switching systems to replace traditional access equipment. By simplifying network architecture, TiBit's solutions empower businesses to reduce costs while enhancing overall network efficiency.

Vyatta

Acquisition in 2021
Vyatta, Inc. is a technology company specializing in network routing and security solutions, providing both software and hardware appliances. Its offerings include an enterprise-class software solution for network routing, security, and traffic management, which can be deployed on Intel and AMD hardware and within various virtual environments, such as VMware, Xen, and Hyper-V. The company also supplies pre-integrated hardware appliances that enhance network performance by combining its software with x86-based platforms. Additionally, Vyatta offers a range of services, including documentation, training, technical support, network architecture design, and migration planning. Its diverse clientele spans across service providers, government agencies, and educational institutions, and the company distributes its products through a network of partners and online channels in multiple regions, including the Americas, Europe, the Middle East, Africa, and Asia Pacific. Founded in 2005 and headquartered in Belmont, California, Vyatta has established strategic partnerships with notable companies such as IBM and VMware.

Centina Systems

Acquisition in 2019
Centina Systems, Inc. is a provider of fault and performance management solutions, focusing on enhancing service assurance for communication service providers, cable multi-service operators, managed service providers, and carrier's carriers. Founded in 2006 and based in Richardson, Texas, the company offers a suite of products including NetOmnia, a comprehensive service assurance system that allows service providers to effectively manage their infrastructure, which encompasses networks, systems, applications, facilities, and security. The NetOmnia platform includes modules such as Operations Assurance, designed for network operations centers to oversee infrastructure management, and Performance Assurance, which delivers network performance analysis and visualizes various performance metrics. Additionally, Centina Systems offers Metric Collector, a tool that aids operations staff in gathering performance and availability metrics. As of November 2019, Centina Systems operates as a subsidiary of Ciena Corporation.

DonRiver

Acquisition in 2018
DonRiver, Inc. is a global software and services company that specializes in mobile financial and telecommunications consulting. Established in 2007 and headquartered in Dallas, Texas, with additional offices across Asia, Australia, Europe, and North America, the company offers a range of services including mobile financial strategy, software development, and system integration. DonRiver's expertise extends to communications consulting, providing solutions for network inventory management, service assurance, and complex data migration. The company is also known for its development of mobile applications and operational support systems tailored for mobile operators, financial institutions, and financial service providers. As of October 2018, DonRiver operates as a subsidiary of Ciena Corporation.

Packet Design

Acquisition in 2018
Packet Design, LLC specializes in performance analytics technology for network operators, enterprises, and government agencies. Founded in 2003 and based in San Jose, California, the company offers an integrated suite of IP traffic and route analysis solutions, prominently featuring its Route Explorer system. This system is tailored for network engineers and operators, providing real-time monitoring, application path analysis, and advanced diagnostic tools. Key modules include Traffic Explorer for traffic flow insights, Layer 2 and Layer 3 routing analysis, and Multicast Explorer for visibility into services like market trading data and multimedia distribution. With capabilities in network simulation, troubleshooting, and cloud management, Packet Design enables clients to enhance service delivery, reduce churn, and optimize network performance. As of July 2018, the company operates as a subsidiary of Ciena Corporation.

Cyan

Acquisition in 2015
Cyan is a global provider of next-generation packet-optical transport solutions, specializing in multi-layer network planning and management. Founded in 2006 in Petaluma, California, the company offers a unique approach to metro and regional aggregation and transport of various services, including packet, TDM, and optical. Cyan's solutions are recognized for their modular support of Carrier Ethernet services and include advanced features such as connection-oriented Ethernet transport, SONET/SDH, OTN, DWDM, and ROADM functions. The company's innovative systems facilitate the efficient scaling and simplification of networks, enhancing service offerings while maintaining superior service level agreement support. By enabling the deployment of field-proven solutions for applications such as wireless backhaul and data center connectivity, Cyan has established itself as a leader in the industry, empowering communications service providers to transition their networks for high-bandwidth packet services. The leadership team at Cyan comprises industry veterans with extensive experience in communication transport and access networks globally.

World Wide Packets

Acquisition in 2008
World Wide Packets, Inc. is a manufacturer of communications network equipment based in Spokane Valley, Washington. Established in 1999, the company specializes in providing carrier Ethernet products and solutions designed for the delivery of various services, including Internet protocol television, voice over Internet protocol, and virtual private LAN service. Its product offerings include LightningEdge service access, service concentrators, and Ethernet switches, which facilitate the simultaneous transmission of voice, data, and video to both business and residential subscribers. Additionally, World Wide Packets provides a software infrastructure solution known as the LightningEdge operating system, along with support services such as professional training and customer support. The company serves a diverse clientele that includes carriers, multiple system operators, municipal and utility networks, real estate developers, homeowner associations, and service providers. As of 2008, World Wide Packets operates as a subsidiary of CIENA Corp.

PhyFlex Networks

Acquisition in 2007
PhyFlex Networks is a business services software and broadband access company that creates new business models for cable operators through its True Broadband solution. True Broadband includes a comprehensive software suite for the creation, provisioning, and management of end-to-end broadband services dynamically and on demand.

Catena Networks

Acquisition in 2004
Catena Networks develops broadband access systems that enable service providers to deploy voice, data, and video services. The company's products include The CNX-5 Broadband DSL System, a card-for-card upgrade solution for Lucent SLC-5 Digital Loop Carriers and The CN1000 Broadband Loop Carrier that enables service providers to deploy integrated plain old telephone service (POTS) and digital subscriber line (DSL) services and deliver voice, data and video services over copper and fiber infrastructures. It caters to local exchange carriers, postal telephone and telegraph operators, and other service providers. The company was founded in 1998 and is based in California, US with an additional office in Morrisville, North Carolina.

Internet Photonics

Acquisition in 2004
Internet Photonics, Inc. is a growth-oriented company specializing in optical Ethernet transport and switching solutions for telecommunications service providers. It is known for its development of the first carrier-grade Intelligent Wavelength Platforms, enabling network operators, including service providers and cable multiple system operators, to offer high-bandwidth data services alongside their legacy offerings. The company's innovative products facilitate efficient data transmission and enhance service profitability, positioning Internet Photonics as a key player in the evolving telecommunications landscape.

Luminous Networks

Series E in 2003
Luminous Networks, Inc. manufactures access network equipment for services providers to deliver shared Ethernet services.

Laurel Networks

Series C in 2003
Laurel Networks, founded in 1999 and based in Pittsburgh, Pennsylvania, specializes in developing IP service edge routers and management solutions. The company offers a range of products, including its ST-series Service Edge Routers, which integrate Internet-class routing with multi-service support and broadband subscriber management. Additionally, the ShadeTree System Software enhances routing and switching performance, while the ShadeTree Management Suite facilitates the deployment of services for both residential and business customers. By focusing on IP-based multi-service data delivery solutions, Laurel Networks aims to address the evolving needs of the telecommunications industry.

Akara

Acquisition in 2003
Akara is an Ontario-based company specializing in extended storage area networking solutions for both enterprises and carriers. The company provides an optical services management solution that enables service providers and carriers to deliver high-speed remote storage and gigabit ethernet private line services to the growing enterprise market. Akara's offerings include the Optical Utility Services Platform (OUSP), a configurable hardware platform, and the Optical Utility Services Manager (OUSM), a comprehensive services and network management system.

Wavesmith Networks

Acquisition in 2003
Wavesmith Networks is a company that specializes in developing hardware solutions designed to enhance the network capacity of telecommunications carriers. It focuses on providing multiservice edge switches that facilitate the expansion of existing Layer 2 infrastructures for regional Bell operating companies, incumbent local exchange carriers, and interexchange carriers. By enabling these telecommunications providers to integrate their services onto ATM or MPLS-oriented core networks, Wavesmith Networks supports the evolution of their network capabilities without requiring significant disruptions or overhauls.

Wavesmith Networks

Series C in 2002
Wavesmith Networks is a company that specializes in developing hardware solutions designed to enhance the network capacity of telecommunications carriers. It focuses on providing multiservice edge switches that facilitate the expansion of existing Layer 2 infrastructures for regional Bell operating companies, incumbent local exchange carriers, and interexchange carriers. By enabling these telecommunications providers to integrate their services onto ATM or MPLS-oriented core networks, Wavesmith Networks supports the evolution of their network capabilities without requiring significant disruptions or overhauls.

ONI Systems

Acquisition in 2002
ONI Systems is a company that specializes in the development and marketing of optical telecommunications systems. It focuses on creating all-optical networking equipment aimed at addressing the bandwidth and service limitations in regional and metropolitan networks. The company's products facilitate metro transport solutions, contributing to the ongoing evolution of internet infrastructure. Through its innovative technology, ONI Systems plays a significant role in enhancing the efficiency and capacity of communication networks.

Equipe Communications

Series C in 2002
Equipe Communications designs, develops, and markets asynchronous transfer mode (ATM) and multiprotocol label switching (MPLS) products to telecom carriers and service providers. The company's products assist local exchange carriers (ILECs) and interexchange carriers (IXCs) in transition from ATM architecture to IP/MPLS. The company also offers network management design, engineering, furnishing and installation, lifecycle tools, and rapid deployment services. Equipe Communications was founded in 1999 and is based in Acton, Massachusetts.

Agility Communications

Series C in 2001
Agility Communications, Inc. provides laser solutions for the optical network. The company focuses on offering tunable transponder and tunable laser solutions for carriers and system providers. It offers tunable transmitter and transponder products. The company was founded in 1998 and is based in Santa Barbara, California. As of November 30, 2005, Agility Communications, Inc. operates as a subsidiary of JDS Uniphase Corp.

Cyras Systems

Acquisition in 2000
Cyras Systems develops optical networking platforms for the telecommunications market. Cyras offers a trans-metro optical platform that integrates into existing network environments and optimizes bandwidth.

Lightera Networks

Acquisition in 1999
Lightera Networks specializes in the development of optical bandwidth management equipment tailored for telecommunications applications. The company focuses on providing advanced solutions for managing bandwidth effectively, with a particular emphasis on cross connect solutions designed for the wavelength division multiplexing (WDM) market. By addressing the growing needs of telecommunications infrastructure, Lightera Networks plays a critical role in enhancing the efficiency and capacity of network services.

Astracom

Acquisition in 1997
Astracom is an early stage telecommunications company.
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