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On the Record · Ciena

Ciena acquisitions, on the record

The businesses Ciena bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Benu Networks, Inc. ("Benu")
Word for word“On November 17, 2022, Ciena acquired Benu, a portfolio of cloud-native software solutions, including a virtual Broadband Network Gateway ((v)BNG), that complements Ciena’s existing portfolio of broadband access solutions.” 10-K for 2023
agreed acquisitionOn November 17, 2022—
Tibit Communications, Inc. ("Tibit")
Word for word“On December 30, 2022, Ciena acquired Tibit, a provider and developer of passive optical network (“PON”)-specific hardware and operating software that can be integrated into a carrier-grade Ethernet switch and will strengthen Ciena’s portfolio of next-generation PON solutions that support residential, enterprise, and mobility use cases.” 10-K for 2023
agreed acquisitionOn December 30, 2022—
AT&T’s Vyatta Software Technology ("Vyatta") and Xelic, Inc. ("Xelic")
Word for word“During fiscal 2022, we completed the acquisitions of AT&T’s Vyatta Software Technology (“Vyatta”) and Xelic, Inc. (“Xelic”) for an aggregate purchase price of $64.1 million.” 10-K for 2023
acquisitionDuring fiscal 2022aggregate purchase price of $64.1 million
AT&T's Vyatta Software Technology ("Vyatta")
Word for word“On November 1, 2021, Ciena acquired AT&T’s Vyatta Software Technology (“Vyatta”), a provider of software-based virtual routing and switching technology.” 10-K for 2024
acquisitionOn November 1, 2021—
Xelic, Inc. ("Xelic")
Word for word“On March 9, 2022, Ciena acquired Xelic, Inc., a provider and developer of field programmable gate array (FPGA) and application-specific integrated circuit (ASIC) technology and optical networking IP cores.” 10-K for 2024
acquisitionOn March 9, 2022—
Nubis Communications
Word for word“Nubis was acquired for an aggregate of approximately $ 270.5 million.” 10-K for 2025
acquisition—approximately $ 270.5 million
Benu
Word for word“On November 17, 2022, Ciena acquired Benu, a provider of broadband software solutions.” 10-K for 2025
acquisitionOn November 17, 2022—
Tibit
Word for word“On December 30, 2022, Ciena acquired Tibit, a provider of passive optical network hardware and operating software.” 10-K for 2025
acquisitionOn December 30, 2022—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2016-10-31$32 million$10.1 million
2017-10-31$0$0
2018-10-31—$30.8 million
2018-11-03$82.7 million—
2019-10-31—$0
2019-11-02$0—
2020-10-31$28.3 million$13.1 million
2021-10-30$0$0
2022-10-29$62 million$17.7 million
2023-10-28$230 million$116.6 million
2024-11-02$0—
2025-11-01$231.1 million$76.5 million

Deal filings since 2016

Read from Ciena’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2025-12-12. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.