Technology and the Internet
The purchase would give the telecom equipment maker a broadband provider.
May 21, 2004
Telecom: Purchase would give company a fuller line of equipment to compete against Lucent.
June 4, 1998
Tellabs Inc., the biggest maker of equipment to manage traffic on telephone lines, said that it plans to buy back as many as 4 million of its shares to boost the value of its stock.
Oct. 19, 2000
Tellabs Inc. on Monday ended its plan to acquire Ciena Corp., the top maker of equipment that boosts capacity on phone networks, citing changes in Ciena’s financial outlook.
Sept. 15, 1998
Business
Ciena Corp. shares plunged 45% amid concern that Tellabs Inc. could reduce its pending $6.86-billion offer for the top maker of equipment used to boost capacity on phone networks.
Aug. 22, 1998
Tellabs Inc., the biggest maker of gear that manages traffic on phone networks, agreed to buy closely held Ocular Networks Inc. for $355 million in cash and options to bolster its line of fiber-optic products.
Dec. 1, 2001
Telecom: Revision, which trims deal’s value by more than one-third, had been expected after Maryland firm issued earnings warning.
Aug. 29, 1998
Telecommunications equipment maker Tellabs Inc. plans to cut 1,000 more jobs, or nearly 14% of its work force, and close two U.S. plants in the latest cost slashing to reflect fallen industry demand.
Nov. 17, 2001
Wall St.: Tellabs is the latest to see slowing earnings and a falling stock price, but some analysts still see bright spots.
Jan. 26, 2000
Revived takeover rumors revived Ciena Corp.’s stock--at least for one day.
Oct. 30, 1998