Market Overview

Ciena Announces Intent to Acquire DonRiver


Expands Blue Planet Intelligent Automation capabilities into IT OSS
domain and adds highly specialized software professional services

Ciena® Corporation
(NYSE:CIEN) has entered into a definitive agreement to acquire
privately-held DonRiver, a global software and services company
specializing in federated network and service inventory management
solutions within the service provider Operational Support Systems (OSS)

DonRiver will bring new capabilities to Ciena's Blue Planet software and
services portfolio that significantly enhance the company's ability to
deliver on its Adaptive Network vision through intelligent, closed-loop
automation. Specifically, with the addition of DonRiver's federated
network and service inventory management solutions, Ciena's Blue Planet
capabilities will extend beyond network orchestration and control to
also provide a unified inventory view of all elements across a
provider's network. Additionally, the DonRiver team of specialized OSS
software, integration and consulting experts will complement and scale
the Blue Planet organization to form a truly unique and specialized
services group that is able to manage modernization projects across both
IT and network operations.

"The combination of Blue Planet and DonRiver will enhance our ability to
deliver closed loop automation of network services and the underlying
operational processes across IT/operations and the network," said Rick
Hamilton, senior vice president of Global Software and Services at
Ciena. "With this new set of technology and expertise, we can help
customers realize the full benefits of network automation by helping
them move away from highly complex and fragmented OSS environments to
those that accurately reflect the real-time state and utilization of
network resources."

The transaction is expected to close during Ciena's fiscal fourth
quarter 2018 and is subject to customary closing conditions.

Spurrier Capital Partners acted as financial advisor to DonRiver for
this transaction.

About Ciena

Ciena (NYSE:CIEN) is a networking systems, services, and software
company. We provide solutions that help our clients create more adaptive
networks in response to the constantly changing demands of their users.
By delivering best-in-class networking technology through high-touch
consultative relationships, we build the world's most sophisticated
networks with automation and scale. For updates on Ciena, follow us on
Twitter @Ciena,
the Ciena
Insights blog
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