Intelligent Tech Channels Issue 59 - Page 58

MARKET MOVEMENT
Ciena makes strategic acquisitions in fibre broadband access

Ciena Corporation , a networking systems , services and software company , has announced that it has entered into a definitive agreement to acquire Tibit Communications , a privately held company headquartered in Petaluma , California . Ciena has also acquired Benu Networks , a privately held company headquartered in Burlington , Massachusetts .

The acquisition will enable Ciena to build on its market traction and accelerate its time to market .
Tibit and Benu will complement Ciena ’ s existing portfolio of solutions for broadband access use cases , including residential broadband , enterprise business services , and fixed-wireless access , which represent a significant addressable market for Ciena .
“ The acquisitions of Tibit Communications and Benu Networks will extend our ability to support customers ’ next-generation metro and edge strategies as service providers globally accelerate investments to modernize their networks and improve connectivity at the network edge ,” said Scott McFeely , Senior VP , Global Products and Services , Ciena .
“ The global PON market is growing at a rapid pace and this acquisition will provide the opportunity to take Tibit ’ s differentiated
Scott McFeely , Senior Vice President , Global Products and Services , Ciena
products to market at scale through Ciena ’ s extensive service provider customer base . And , as a combined team , we will continue to support and leverage Tibit ’ s existing network of relationships with system integrators and other equipment vendors ,” said Edward Boyd , VP of Engineering and CTO , Tibit Communications .
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CloudBees acquires ReleaseIQ DevOps platform

CloudBees , a leading software delivery platform for enterprises , has announced the acquisition of ReleaseIQ to expand the company ’ s DevSecOps capabilities , empowering customers with a low-code , end-to-end release orchestration and visibility solution .

The new SaaS-based offering enables DevOps organisations to rapidly compose and analyse workflows , orchestrating any combination of continuous integration ( CI ) and continuous delivery ( CD ) technologies – including Jenkins – without migration or replacement .
“ The decision to acquire ReleaseIQ was rooted in three core beliefs : choice , visibility and continuous value ,” said Anuj Kapur , President and CEO , CloudBees .
“ First , businesses need to empower developers by providing a choice of tools versus forcing a toolset . Second , as DevSecOps matures , it is no longer acceptable to have a limited view of your software delivery ecosystem . And lastly , the future of business is rooted in the ability to continuously deliver innovation to the customers you serve .”
This new capability enables teams to co-ordinate coherent , effective deployments and releases across teams , applications and environments and provides complete visibility into the software delivery practice to advance performance .
This non-intrusive , pipeline orchestrator is compatible with most CI technologies including CloudBees CI , Jenkins , CircleCI , GitLab , TeamCity and Bamboo , as well as CD technologies such as ArgoCD or homegrown deployment tools .
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