Sep. 23 at 12:35 PM
$CIEN just inked a
$270M deal to acquire Nubis Communications! 🚀
This strategic buy expands Ciena's high-speed interconnect portfolio, tapping into AI-led bandwidth demand with innovative optical and copper technologies. With this momentum, they are projecting around 17% revenue growth for fiscal 2026, achieving the high end of their targets ahead of schedule.
See what this means for CIEN's future growth 👉 https://www.zacks.com/stock/news/2755580/cien-boosts-interconnects-portfolio-with-nubis-communications-buyout?cid=sm-stocktwits-2-2755580-body-13638&ADID=SYND_STOCKTWITS_TWEET_2_2755580_BODY_13638