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Tag: cyan
SK makes strategic investment in clean hydrogen company Monolith; cyan hydrogen
2021-06-03 12:55:40| Green Car Congress
Tags: company
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UKs Cyan secures smart metering contract from Micromodje in Iran
2016-02-09 01:00:00| Power Technology
UK-based Cyan has received a smart metering contract from telecommunications contractor Micromodje in Iran.
Tags: contract
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cyan
Ciena Closes Cyan Acquisition
2015-08-03 19:02:45| Telecom - Topix.net
Ciena Corporation , the network specialist, today announced the successful completion of its acquisition of Cyan, Inc., a leading provider of next-generation software and platforms to enable open, agile and scalable software-defined networks, pursuant to the terms of the acquisition agreement. "Ciena and Cyan make a great combination for our customers as they transform their networks with web-scale technologies to go beyond delivering capacity to create capabilities on demand," said Gary Smith, president and CEO, Ciena.
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Ciena strikes $400M deal for California networker Cyan
2015-05-04 20:05:42| Telecom - Topix.net
Ciena Corp. plans to buy a Petaluma, Calif.-based company in a $400 million deal, it announced Monday, scooping up a smaller public corporation as it seeks to get ahead of shifts in the computer networking industry. Ciena , the Hanover-based networking company, will acquire hardware and software maker Cyan Inc. in a cash and stock deal.
Tags: california
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Ciena to buy Cyan for USD 400 mln
2015-05-04 16:16:00| Telecompaper Headlines
(Telecompaper) Ciena has agreed to acquire Cyan for USD 400 million, or USD 335 million net of cash and including Cyan's outstanding convertible notes on an as-converted basis. Ciena said the addition of Cyan will accelerate the availability of a complete system for customers to deliver virtualised networks and services on-demand. The deal is expected to close in Ciena's fiscal fourth quarter. Ciena will assume Cyan's USD 50 million worth of 8.0 percent convertible senior secured notes due 2019. The transaction is subject to certain approvals. The boards of both companies have approved. Cyan also announced its first quarter results, saying revenues grew 89 percent year-on-year to USD 36.0 million. The net loss meanwhile widened to USD 52.9 million or USD 1.11 per share from a loss the year earlier of 15.0 million or USD 0.32 per share. The net loss includes a USD 41.3 million non-cash charge associated with its convertible debt, primarily the result of a 60 percent increase in the company's stock price during the quarter.