Acquisition history Company Acquired Date Announced Date Completed Approx. Value at Completion Location World Wide Packets January 22, 2008 March 3, 2008 $295.8 million 2 Spokane Valley, WA and San Jose, CA Carrier Ethernet access/aggregation solutions Internet Photonics February 19, 2004 May 3, 2004…

…, information about any of the following items is often material: · financial results; · discussions about a proposed acquisition or merger; · a significant sale or acquisition of assets; · a significant new contract with a customer; · a stock split or reverse stock split; · an offering of additional…

…provisioning switch, the foundation for telco and cable triple play networks. * Revenue derived from sales of products added to Ciena's portfolio through acquisition since June 2003 increased to 37% of total revenue. Non-GAAP Presentation In evaluating the operating performance of its business, Ciena's management…

…Acquisition of World Wide Packets Linthicum, MD - 03/03/2008 Ciena Corporation (NASDAQ: CIEN), the network specialist, today announced the completion of its acquisition of World Wide Packets, Inc. pursuant to the terms of the acquisition agreement announced on January 22, 2008. "This acquisition enables…

…Clearance of Acquisition of World Wide Packets Linthicum, MD - 02/26/2008 Ciena Corporation (NASDAQ: CIEN), the network specialist, today announced that early termination of the antitrust waiting period under the Hart-Scott-Rodino Act has been granted for Ciena's planned acquisition of World Wide Packets…

World Wide Packets Acquisition; Expanding Ciena's Carrier Ethernet Solution Ciena's Director of Product Marketing, Malcom Loro, discusses the enhanced value that Ciena brings to customers with the acquisition of World Wide Packets. Date: 7-Mar-2008 Time: 2:38 Speaker: Malcolm Loro, Product Marketing…

…Massachusetts. CIENA announced the acquisitions of Omnia and Lightera simultaneously on March 15, 1999, in conjunction with announcing its "LightWorksTM Initiative." The acquisition of Lightera was completed on March 31, 1999 and was valued at approximately $459 million. The acquisition of Omnia was completed on…

…spending three years ago, we embarked on a strategy designed to increase our addressable market through a combination of internal development, acquisitions and strategic alliances. Simultaneously, we also began to take steps to stabilize and improve our gross margin, as well as to reduce our operating…

…functionality through internal development, acquisitions and partnerships, during a time when nearly all other notable companies in the space implemented dramatic cost cutting and product rationalization initiatives. Between 2001 and 2005, Ciena made six acquisitions in deals valued at more than $2 billion…

…excess and obsolescence 8,860 13,841 Provision for warranty 8,910 11,234 Other 1,754 3,510 Changes in assets and liabilities, net of effect of acquisition: Accounts receivable (10,634) (32,070) Inventories (7,916) (4,694) Prepaid expenses and other (16,776) (616) Accounts payable and accruals 3,316…