Article published by: https://www.sdxcentral.com/
Author: Dan Meyer
Source URL: https://www.sdxcentral.com/articles/news/ciena-acquires-packet-design-stock-lags-on-mixed-q2/2018/05/
Ciena posted mixed second fiscal quarter 2018 results that beat revenue predictions but missed on profits. The optical networking and software vendor also announced plans to acquire Packet Design in a move to boost its Blue Planet software platform.
It initially focused on network monitoring with a majority of its business coming from telecommunication operators. Last year, the company launched an SDN-based application to automate service path computation in service provider’s networks.
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