STOCKHOLM, Sweden, Feb. 14, 2014 (GLOBE NEWSWIRE) --
-- Ericsson and Ciena sign strategic global agreement for joint development
of IP-optical convergence
-- Ericsson and Ciena are committed to accelerating the availability of
open, programmable, software-defined networks
-- Ericsson will offer Ciena's Converged Packet Optical portfolio, including
the 6500 Packet-Optical Platform and 5400 family
Ericsson (NASDAQ:ERIC, news, filings) and Ciena (NASDAQ:CIEN, news, filings) today announce a strategic
global agreement to develop joint transport solutions for IP-optical
convergence and service provider software-defined networking (SDN). As
part of this agreement, Ericsson offers Ciena's Converged Packet
Optical portfolio, including the 6500 Packet-Optical Platform and 5400
family.
Ericsson will benefit from Ciena's best-in-class optical technology
leadership, including its WaveLogic coherent optical processors and
global market presence. Combined with Ericsson's strong IP portfolio
and Global Services organization, service providers will be able to
deploy IPoWDM technology and to evolve their transport network into a
SDN-enabled infrastructure. This will result in lower total cost of
ownership and faster deployment of new services.
"This strategic global agreement brings together two companies uniquely
positioned to drive the adoption of more open, programmable networks.
The integration of our industry-leading packet-optical technologies
into Ericsson's portfolio, combined with our global distribution
agreement, allows us to address a wider market with a combined
offering," said Gary Smith, President and CEO, Ciena. "As our industry
moves toward a more open networking environment, collaboration within
an ecosystem of specialists will be critical for innovation. Our
SDN-focused joint development activities will enable us to deliver on
network transformation strategies that dynamically support changing
demands for network-level applications and services."
"The convergence between IP and Optical network layers in an Open SDN
controlled architecture will enable more flexible and cost efficient
networks for Service Providers" said Johan Wibergh, Executive Vice
President and Ericsson's Head of Business Unit Networks." This
agreement allows us to offer Ciena's industry-leading Packet-Optical
products. This is a great complement to our portfolio of 4th Generation
IP products and will enable more complete and competitive solutions to
our customers."
The strategic agreement is effective immediately, and go-to-market
activities and solution integration efforts are underway.
Ericsson Telebriefing
Ericsson will host a telebriefing today, Friday, February 14, 2014 at
6pm CET (12noon EST, 9am PST), for investors, analysts and media to
discuss this strategic global agreement.
For details of the briefing, please refer to Ericsson investor page
here: http://www.ericsson.com/thecompany/investors
NOTES TO EDITORS
About Ciena
Ciena is the network specialist. We collaborate with customers
worldwide to unlock the strategic potential of their networks and
fundamentally change the way they perform and compete. Ciena leverages
its deep expertise in packet and optical networking and distributed
software automation to deliver solutions in alignment with OPn, its
approach for building open next-generation networks. We enable a
high-scale, programmable infrastructure that can be controlled and
adapted by network-level applications, and provide open interfaces to
coordinate computing, storage and network resources in a unified,
virtualized environment. For updates on Ciena news, follow us on
Twitter @Ciena or on LinkedIn http://www.linkedin.com/company/ciena.
Investors are encouraged to review the Investors section of our website
at www.ciena.com/investors, where we routinely post press releases, SEC
filings, recent news, financial results, and other announcements. From
time to time we exclusively post material information to this website
along with other disclosure channels that we use.
Ciena - Products - Converged Packet Optical
Download high-resolution photos and broadcast-quality video at
www.ericsson.com/press
Ericsson is a world-leading provider of communications technology and
services. We are enabling the Networked Society with efficient
real-time solutions that allow us all to study, work and live our lives
more freely, in sustainable societies around the world.
Our offering comprises services, software and infrastructure within
Information and Communications Technology for telecom operators and
other industries. Today 40 percent of the world's mobile traffic goes
through Ericsson networks and we support customers' networks servicing
more than 2.5 billion subscribers.
We are more than 110,000 people working with customers in more than 180
countries. Founded in 1876, Ericsson is headquartered in Stockholm,
Sweden. In 2013 the company's net sales were SEK 227.4 billion (USD
34.9 billion). Ericsson is listed on NASDAQ OMX, Stockholm and NASDAQ,
New York stock exchanges.
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FOR FURTHER INFORMATION, PLEASE CONTACT
Ericsson Corporate CommunicationsPhone: +46 10 719 69 92E-mail:
media.relations@ericsson.com
Ericsson Investor RelationsPhone: +46 10 719 00 00E-mail:
investor.relations@ericsson.com
Ericsson and Ciena announce strategic global agreement
http://hugin.info/1061/R/1762110/596805.pdf
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