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The Ciena Corporation has raised $375 million through a bond issue.

March 15, 2010
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The Ciena Corporation has raised $375 million through a bond issue. The Linthicum networking technology firm plans to use the funds to partly pay for its $769 million acquisition of Canadian company Nortel's assets. The acquisition will double Ciena's workforce of about 2,000, and is also likely to generate significant revenue growth.

 
 
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