Perseus Telecom selects Ciena to build ultra low-latency network between U.S. and Europe

Telecom Lead Europe: Perseus, a provider of telecommunications services with a special
focus on low-latency networks for financial services customers, has selected
Ciena to support trans-atlantic trading network.

Perseus selected Ciena’s equipment, software and services
to build an end-to-end, ultra low-latency network between the U.S. and Europe.

Combining metro networks in the financial hubs of New
York City, New Jersey, London and Frankfurt, as well as a trans-Atlantic
submarine connection, the resulting low-latency network enables Perseus to
offer its customers direct and lowest latency services between the U.S. and

Ciena’s 6500 packet-optical transport equipment will
provide the trans-Atlantic submarine portion of the network with the capacity,
reliability and ultra low-latency required to create an optimum platform for
intercontinental high speed trading.

To connect the financial centers in New York City, New Jersey, London and
Frankfurt to QuanTA, Perseus Telecom has deployed Ciena’s 4200 Advanced
Services Platform and Carrier Ethernet switching solutions in each city.

“In working on our new QuanTA network, Ciena has been much more of a
partner than just an equipment vendor as they worked with the Perseus research
& design team in turning our vision and technical requirements into
reality. Our ability to build and tune a network to exacting ultra low-latency
requirements gives us a competitive advantage,” said Andrew Kusminsky,
chief operating officer, Perseus Telecom.

To support its network build, Perseus has deployed
Ciena’s 4200, 5150 Service Aggregation Switch and 6500 Packet Optical platform
that together create an ultra low-latency end-to-end route from North America
to Europe. Perseus will also leverage Ciena’s 100G WaveLogic 3 solution as
customer demands continue to evolve.

“Perseus Telecom’s QuanTA network is a good example of how our focus on
continued innovation in coherent and related technologies results in optical
and Ethernet systems that can change the way network operators compete. By
upgrading the landing stations, Perseus Telecom has taken an existing cable
system and created an entirely new, cost-efficient service to meet the growing
demand for ultra low-latency trading solutions across the Atlantic without
having to lay new subsea cable,” said Ed McCormack, vice president and
general manager, Submarine Systems at Ciena.

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