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Infinera completed its previously-announced acquisition of Coriant. Under the deal, which was announced on July 23, 2018, Infinera issued 20,975,384 shares of its common stock and will pay an aggregate amount of cash consideration consisting of approximately $230 million, of which approximately $154 million was paid upon closing. Infinera said the acquisition significantly increases its […]
The Berlin Commercial Internet Exchange (BCIX), Berlin’s leading Internet Exchange Point, has selected the Coriant Groove G30 Network Disaggregation Platform to scale its distributed peering infrastructure. BCIX will use the Coriant platform to connect major data centers across Berlin. High-capacity neutral exchange services will include 100G Data Center Interconnect (DCI). “The German economy continues to […]
Infinera agreed to acquire privately-held Coriant, creating one of the world’s largest optical network equipment providers. Infinera will pay approximately $150 million in cash at closing, and estimated additional amounts of $25 million in the two quarters post-closing and $55 million over a period of years. Infinera will issue approximately 21 million shares, which when […]
Coriant introduced a carrier-class, disaggregated IP/MPLS software solution for industry-standard COTS white boxes as well as application-optimized white boxes such as the newly introduced Coriant Vibe X90 Programmable Packet Platform. The Coriant Network Operating System (NOS), which is based on an open and modular software architecture, offers high-performance, hardware-independent flexibility and disaggregated software components including […]
Coriant is expanding its Transcend SDN Solutions portfolio with the introduction of a packet controller optimized for mobile backhaul and carrier aggregation networks. Combining the Coriant Transcend SDN Transport Controller and Coriant Transcend SDN Packet Controller enables full, end-to-end network control – from optical transport to IP/MPLS access and aggregation networks. Coriant said its new […]
Clouditalia, a provider of integrated telecommunications and cloud services throughout Italy, has selected Coriant’s mTera Universal Transport Platform (UTP) for its nationwide cloud services infrastructure. Clouditalia will deploy the multi-terabit, universal switching solution at major network sites to create a service-agnostic architecture capable of cost-effectively integrating diverse traffic types and accelerating the deployment of end-user […]
Coriant is rolling out a set of new capabilities for its Transcend SDN Transport Controller including enhanced multi-layer optimization and standards-based service interworking. The company’s approach is to combine SDN with its packet optical transport and smart router products to enable dynamic, end-to-end network control in an open network environment. The platform is currently in […]
