Ciena Corporation (CIEN) Stock: Drops 6% as $200M Fund Targets Data Center Tech

TLDR Ciena stock fell 6.48% as the company launched a new $200 million venture fund. Ciena Ventures will back startups and funds tied to advanced networking technologies. The fund targets next-generation data centers, optical systems, and interconnects. Loai Louis will lead Ciena Ventures as the company expands its innovation strategy. Ciena aims to gain early [...]

The post Ciena Corporation (CIEN) Stock: Drops 6% as $200M Fund Targets Data Center Tech appeared first on Blockonomi.