TeraXion: Ciena: Dougherty Sees Key Chip Buy in TeraXion Deal

Dougherty & Co.'s Catharine Trebnick this morning makes the case that fiber-optic networking supplier Ciena (CIEN) has made a key acquisition to boost its control of its optical portfolio. Trebnick was referring to Ciena's announcement this morning that it has spent $32 million to buy assets from Canadian "Bragg grating" optical component maker TeraXion, including "high-speed [...]