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Created February 8, 2016

Ciena is to acquire the high-speed photonics components division of Teraxion for $32 million (€ 29.3 million). The deal includes 35 employees and Teraxion’s indium phosphide and silicon photonics technology. The systems vendor is making the acquisition to benefit its coherent-based packet-optical transmission systems in metro and long-haul networks.

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