Ciena (CIEN) announced that it has entered into a definitive agreement to acquire Nubis Communications, a privately-held company specializing in high-performance, ultra-compact, low-power optical and electrical interconnects tailored to support AI workloads. The addition of Nubis will expand Ciena’s portfolio and add critical talent to address a wider range of opportunities inside the data center. Ciena will acquire Nubis in an all-cash transaction for $270M, subject to customary adjustments. The transaction is expected to close during Ciena’s Q4.
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