…third fiscal quarters. In addition to development activities based at its headquarters in Linthicum, Maryland, Ciena has development facilities in Acton, Massachusetts; Alpharetta, Georgia; Kanata, Ontario and has recently launched a development center in Gurgaon, India. At the end of its first fiscal…

…networking systems and software, today announced a definitive agreement under which Ciena will acquire privately-held WaveSmith Networks, Inc. Based in Acton, Mass., WaveSmith is a leading innovator of multiservice switching. Ciena was an investor in WaveSmith’s third round of financing and resells…

…organization and geography. As part of this action, the Company will close its Acton, Massachusetts, research and development facility during the course of the next four months. Ongoing development work previously conducted at the Acton facility will be consolidated on a functional basis with related efforts…

…Marlborough, Mass. operations will be consolidated into Ciena’s existing Acton, Mass. facility. Following these facility consolidations Ciena will operate development centers in Alpharetta, Ga., Linthicum, Md., Acton, Mass., Shrewsbury, N.J., Research Triangle Park, N.C. and Kanata, Ontario. Ciena…

…-distance applications of enterprise customers & carriers. WaveSmith April 9, 2003 June 16, 2003 Approximately $178 million (excluding investment).2 Acton, MA ATM Based, MultiService Edge Switch-MPLS features ONI February 18, 2002 June 18, 2002 Approximately $397.8 million2 San Jose, CA Metro Transport…

…development will be consolidated with ONLINE activities underway in Research Triangle Park, N.C.  Ciena also operates development centers in Acton, Mass. and Kanata, Ontario. The planned actions will occur over the course of the next several fiscal quarters and are expected to have minimal effect…