Summary
Ciena Corporation (CIEN) announced on November 3, 2021, the completion of its acquisition of AT&T's Vyatta virtual routing and switching technology, effective October 31, 2021. This strategic move signifies Ciena's commitment to expanding its software portfolio and enhancing its network automation capabilities. The acquisition of Vyatta technology is expected to strengthen Ciena's position in the growing market for virtualized network functions and software-defined networking (SDN), allowing it to offer more comprehensive and innovative solutions to its customers.
Key Highlights
- 1Ciena Corporation has successfully acquired AT&T's Vyatta virtual routing and switching technology.
- 2The acquisition was completed on October 31, 2021.
- 3The Vyatta technology is a significant virtual routing and switching platform.
- 4This acquisition is expected to enhance Ciena's software portfolio.
- 5The deal aims to bolster Ciena's network automation capabilities.
- 6This strategic move is anticipated to strengthen Ciena's competitive position in the SDN and network virtualization market.