Fergie's Tech Blog

Sources: Cisco Rejects Optical Bids

Craig Matsumoto writes on Light Reading:

Cisco Systems Inc. isn't that anxious to drop out of the optical networking business. Two Light Reading sources say Cisco has turned down, in recent months, two possible buyers for the networking giant's optical portfolio.

One Silicon Valley source went further, saying Cisco thought the offers were too low. Cisco says it doesn't comment on rumors and speculation.

Layoffs, restructuring, and shuffled execs have led many to believe optical networking is becoming a second-class citizen at Cisco. Some believe the company isn't heavily promoting its DWDM boxes and multiservice provisioning platforms, instead focusing its optical energy on IP-over-DWDM.

posted by Fergie @ 12/11/2006 04:23:00 PM