Ciena completes acquisition of Cyan for $488 mn

Ciena has completed its acquisition of Cyan, a provider of software and platforms for software-defined networks, for $488 million.

“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 of Ciena.

Ciena has created Blue Planet division for unifying the software activities of both companies under a single brand. The division, which includes Ciena’s former Agility business, will be helping customers automate services across both physical and virtual domains, to create revenue opportunities, and lower costs associated with hardware and operations.
Mike Hatfield, formerly Cyan’s president, will lead the Blue Planet division as a senior vice president of Ciena.

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.

“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,” said Aamir Hussain, executive vice president and chief technology officer at CenturyLink.

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