SUNNYVALE, CA -- (Marketwired) -- 04/07/15 -- Infinera, provider of Intelligent Transport Networks, announced that Infonetics Research, a leading international market research and consulting firm serving the communications industry since 1990 and recently acquired by IHS Inc. (NYSE: IHS), has ranked Infinera as the "fastest growing optical company in the West" recognizing Infinera's combined success in EMEA and North America.
Infinera is enabling network operators to deliver vast amounts of bandwidth with greater ease. Whether for the long-haul core, metro, or emerging high-capacity metro Cloud, Infinera Intelligent Transport Networks are designed to help carriers exploit the increasing demand for Cloud based services and datacenter connectivity as they advance into the Terabit Era.
According to the recent Infonetics Optical Network Hardware Market Share report, the "fastest growing" ranking accredited to Infinera is based on a 23 percent hardware revenue growth in 2014. This ranking validates Infinera's focus on expanded markets and highlights Infinera's lead over competitors serving the datacenter market.
"Infinera was the big success story for 2014, outperforming the broad market with greater than 20 percent growth as a result of their focus on new customer verticals," said Andrew Schmitt, principal analyst, Carrier Transport Networking, Infonetics Research. "Looking at 2014, Infinera was the fastest growing optical company in the West, defined as EMEA and North America. Also, Infinera's new product targeted at metro datacenter interconnect is in production now and I estimate it has at least a six-month jump on the market."
"The Infonetics results recognize Infinera's focus on developing purpose-built Intelligent Transport Networks for global network operators," said Tom Fallon, Infinera CEO. "In 2014, we grew our market share by delivering a leading 100G solution that has enabled us to grow while expanding profit."
Besides being named "Fastest Growing Optical Company in the West," Infinera was named the number one optical transport vendor worldwide according to Infonetics' 2014 Optical Network Hardware Vendor Scorecard. The vendor scorecard ranking was based on very high ratings from network operators for technology innovation, reliability, and service and support.
Infinera (NASDAQ:INFN, news, filings) provides Intelligent Transport Networks for network operators, enabling reliable, easy to operate, high-capacity optical networks. Infinera leverages its unique large scale photonic integrated circuits to deliver innovative optical networking solutions for the most demanding network environments. Intelligent Transport Networks enable carriers, Cloud network operators, governments and enterprises to automate, converge and scale their data center, metro, long-haul and subsea optical networks. To learn more about Infinera visit www.infinera.com, follow us on Twitter @Infinera and read our latest blog posts at blog.infinera.com.
Infinera is a registered trademark of Infinera Corporation.
This press release contains forward-looking statements including, among other things, statements relating to Infinera's business strategies and position in the marketplace including that the ranking validates Infinera'sfocus on expanded markets and highlights Infinera's lead over competitors serving the datacenter market. These statements are not guarantees of results and should not be considered as an indication of future activity or future performance. Actual results may vary materially from these expectations as a result of various risks and uncertainties. Information about these risks and uncertainties, and other risks and uncertainties that affect Infinera's business, is contained in the risk factors section and other sections of Infinera's Annual Report on Form 10-K for the year ended December 27, 2014 as filed with the SEC onFebruary 18, 2015, as well subsequent reports filed with or furnished to the SEC. These reports are available on Infinera's website at www.infinera.com and the SEC's website at www.sec.gov. Infinera assumes no obligation to, and does not currently intend to, update any such forward-looking statements.
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