Tech Company M&A Transactions
Catena Networks Acquisition
Catena Networks, based in Redwood Shores, was acquired by Ciena. The transaction price was $303.6 million.
Transaction Overview
Company Name
Acquired By
Announced On
5/3/2004
Transaction Type
M&A
Amount
$303,600,000
M&A Terms
Ciena acquired all outstanding shares of Catena's common and preferred stock, and assumed all outstanding employee stock options in exchange for approximately 75.9 million shares of Ciena's common stock.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
303 Twin Dolphin Dr. 600
Redwood Shores, CA 94065
USA
Redwood Shores, CA 94065
USA
Phone
Website
Email Address
Not Recorded
Overview
Catena is a leader in the broadband access market with more than 6,000 integrated broadband access solutions deployed with Regional Bell Operating Companies (RBOCs), major Independent Operating Companies (IOCs) and Competitive Local Exchange Carriers (CLECs).
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jim Hjartarson
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We record funding rounds that are announced publicly. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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