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Infinera Announces Intent to Acquire Coriant
July 23, 2018 02:00 p.m. PT
Date: Monday, July 23, 2018
Time: 5:00 p.m. ET/2:00 p.m. PT
I am pleased to inform you of an important development for Infinera and our customers. Moments ago, we announced that Infinera has entered into a definitive agreement to acquire privately-held Coriant, Inc., a global supplier of networking solutions for service providers and web-scale internet operators. The press release we issued earlier today can be found here.
Our industry has never been more dynamic, with a once-in-a-decade architectural transformation underway in optical networks. This is driven by 5G mobile, residential broadband and hyper-scale data center interconnect initiatives. We are excited that the combined companies, which bring together complementary businesses and world-class teams, will be well-positioned to offer even more value to you. Together, we will have greater resources across the globe to support your needs, through a broader sales footprint, increased ability to invest in growth and more efficient research and development to deliver open, high-performance, easy-to-use packet-optical transport solutions.
Infinera and Coriant will continue to operate independently in a business-as-usual mode until the close of the transaction, which remains subject to regulatory approval. Your point of contact at Infinera will remain the same, and providing outstanding customer service remains our top priority.
We will share further information with you on reaching key milestones on this journey. In the meantime, thank you for your ongoing confidence and trust. Please do not hesitate to contact your account representative or Contact Us if you have any questions.