CIENA Corp.

United States: Nortel cancels carrier ethernet auction, still in talks with potential buyers.
TendersInfo; 11/15/2009; 819 words; Byline: Mamta03 Nortel Networks Corp. announced Friday the cancellation...process next week. U.S.-based Ciena Corp. (NASDAQ:CIEN) has already made...initial bid, including the amount Ciena would be paid if its bid was unsuccessful...

United States: Nortel delays auction deadline for some assets.
TendersInfo; 11/15/2009; 550 words; Byline: Mamta03 Nortel Networks Corp. says it has completed the $1.13 billion sale of its wireless...said qualified bidders now have until Tuesday to submit offers. Ciena Corp., based in Linthicum, Md., has offered $521 million for...

Canada : Nortel delays auction of certain assets.
TendersInfo; 11/14/2009; 613 words; Byline: datta03 Nortel Networks Corp (NRTLQ.PK) said on Friday that...Last month, Nortel announced that Ciena Corp's (CIEN.O) $521 million cash...ethernet businesses. ID:nN07462090 The Ciena offer sets a floor price on the assets...

United States : Nortel Wins Court Approval to Have JPMorgan Hold Sale Proceeds.
TendersInfo; 11/13/2009; 815 words; Byline: Mamta03 Nortel Networks Corp. won court approval to have JPMorgan Chase & Co. hold proceeds...plan to sell its optical- networking business at an auction with Ciena Corp. s $530 million offer as the starting bid. Copyright : Euclid...

United States : Nortel Said to Take More Time to Sell Optical Unit.
TendersInfo; 11/11/2009; 732 words; Byline: Mamta03 Nortel Networks Corp., the insolvent Canadian phone...Nortel is seeking higher offers after Ciena Corp. agreed to buy the unit last month...lead offer others can try to top. Ciena offered $390 million in cash and...