Ciena (CIEN) said Monday it launched Ciena Ventures, a new corporate venture capital program with an initial commitment of $200 million.
The program will invest in early-stage companies and technology-focused venture funds across networking infrastructure, data center architectures, optical networking technologies and interconnects, as well as adjacent areas such as computing, materials and emerging communications technologies, Ciena said.
Price: 329.81, Change: -19.74, Percent Change: -5.65
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.