Ciena® Corporation, a networking systems, services, and software company, announced the acquisition of Tibit Communications, Inc., a privately held company headquartered in Petaluma, California, and Benu Networks, Inc., a privately held company headquartered in Burlington, Massachusetts. Tibit and Benu, respectively, are working to simplify broadband access networks through next-generation PON technologies and advanced subscriber management.
“The acquisitions of Tibit Communications and Benu Networks will extend our ability to support customers’ next-generation metro and edge strategies as service providers globally accelerate investments to modernize their networks and improve connectivity at the network edge,” said Scott McFeely, Senior Vice President, Global Products and Services, Ciena.
“Tibit’s high-speed PON technologies and Benu’s subscriber management products, combined with Ciena’s current access and edge portfolio, will enable us to offer broader, more complete, and fully integrated broadband access solutions that combine routing, subscriber management, and PON features and functionality.”
Tibit and Benu, both individually and collectively, will add to Ciena’s existing portfolio of solutions for broadband access use cases such as residential broadband, enterprise business services, and fixed-wireless access, which represent a significant addressable market for Ciena. Furthermore, the acquisitions will strengthen Ciena’s expertise in these areas by adding 60+ talented engineers with extensive experience in access technologies.
