Roundup: Ciena, Equinix, Rackspace
A roundup of industry news from Ciena, Nortel, Equinix (EQIX), Hibernia Atlantic and Rackspace (RAX).
November 25, 2009
Here’s a roundup of news announcements from the data center and hosting industry:
Ciena acquires Nortel Ethernet assets. Ciena Corporation announced that they were selected as the successful bidder in the auction for all of the optical networking and carrier Ethernet assets of Nortel's Metro Ethernet Networks business. Ciena has agreed to pay $769 million for the assets. Ciena CEO Gary Smith said the purchase is “bringing together complementary technologies in switching and transport to create an innovative powerhouse with the scale to challenge the industry status quo and offer customers a practical path for transitioning to automated, optical Ethernet-based networking." In 2008 Nortel saw $1.36 billion in revenue from the assets to be acquired.
Equinix adds to European Ethernet Exchange. Earlier in the month Equinix announced that submarine transport cable provider Hibernia Atlantic was expanding with Equinix in New York. Now European-based carriers Exponential-e and Tinet have signed up to participate in the recently announced Carrier Ethernet Exchange platform. The initial deployment locations include London, New York, Chicago and Silicon Valley. The goal of the project is to provide Ethernet Network to Network Interconnections (E-NNI). VP of Engineering at Exponential-e Mukesh Bavisi said "Equinix already plays a strategic role in our peering relationships with other Tier 1 service providers, so it is a natural choice that we leverage its carrier-rich interconnection hubs to develop an Ethernet interconnection infrastructure." According to Infonetics Research demand for carrier Ethernet services is set to double within five years.
Rackspace offers complete Verisign SSL line. Rackspace announced that they expanded an agreement with Verisign allowing them to directly sell, install and renew Verisign SLL Certificates to their customers. Additionally the entire line of certificates is now available as a self-service option via the MyRackspacecom customer portal. "Trust is the most valuable currency on the Internet today, and trust is what VeriSign SSL and EV SSL protection delivers for Web site operators the world over," said Michael Lin, vice president and general manager of SSL at VeriSign.
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