UPDATE: Infonetics Research Names Infinera as Number One Optical Transport Vendor Worldwide
March 31 2014 - 11:16AM
Marketwired
UPDATE: Infonetics Research Names Infinera as Number One Optical
Transport Vendor Worldwide
SUNNYVALE, CA--(Marketwired - Mar 31, 2014) - Infinera (NASDAQ:
INFN), provider of Intelligent Transport Networks™, announced today
that Infonetics Research, an international market research and
consulting firm serving the communications industry since 1990, has
ranked Infinera as the top optical vendor in its latest scorecard.
In the report, Infonetics said, "Infinera is #1 this
year as a result of very high ratings among customers for
technology innovation, reliability, and service and
support."
Infonetics' 2014 Optical Network Hardware Vendor
Scorecard profiles, analyzes and ranks the 10 largest global
vendors of optical transport equipment. Vendors were evaluated
based on seven metrics including market share, market share
momentum, financial stability, packet-optical intensity, technology
innovation, product reliability, and service and support. In the
report, Infinera emerges as the number one ranking optical
transport equipment provider worldwide.
"The market for optical transport equipment is $12 billion
annually, nearly as large as and growing faster than the market for
service provider routers and switches. Infinera emerged as the
highest scoring company in our optical vendor leadership
scorecard," said Andrew Schmitt, Principal Analyst, Optical,
Infonetics Research. "When we ask service providers what Infinera
does well they mention technology innovation, ease of operation,
high reliability and leading services and support."
"The Infonetics optical vendor scorecard shows that Infinera's
focus on building Intelligent Transport Networks is resonating with
global network operators," said Tom Fallon, Infinera CEO. "In 2013,
we grew our market share by enabling service providers to use time
as a competitive weapon to deliver services faster while
simultaneously scaling their multi-terabit networks and lowering
costs. We believe we are at the beginning of a once-in-a-decade
transition to 100G and beyond and we are honored to see our focus
on technology innovation and helping our customers win in their
markets reflected in the outstanding results for Infinera in the
Infonetics scorecard."
About Infinera Infinera provides Intelligent Transport Networks
to help carriers exploit the increasing demand for cloud-based
services and data center connectivity as they advance into the
Terabit Era. Infinera is unique in its use of breakthrough
semiconductor technology to deliver large scale Photonic Integrated
Circuit (PICs) and the application of PICs to vertically integrated
optical networking solutions that deliver the industry's only
commercially available 500 Gb/s FlexCoherent super-channels.
Infinera Intelligent Transport Network solutions include the DTN-X,
DTN and ATN platforms. Find more at www.infinera.com.
This press release contains forward-looking statements. Actual
results may vary materially from these expectations as a result of
various risks and uncertainties. Information about these risks and
uncertainties, and other risks and uncertainties that affect our
business, is contained in the risk factors section and other
sections of our annual report on Form 10-K filed with the
Securities and Exchange Commission on February 21, 2014, as well as
any subsequent reports filed with or furnished to the
SEC. These reports are available on our website at
www.infinera.com and the SEC's website at www.sec.gov. Infinera
assumes no obligation to, and does not currently intend to, update
any such forward-looking statements.
Contacts: Infinera Media: Anna Vue Tel. +1
(916) 595-8157 avue@infinera.com Infinera Investors: Leigh
Salvo Tel. +1 (408) 543-8139 lsalvo@infinera.com
Infinera (NASDAQ:INFN)
Historical Stock Chart
From Mar 2024 to Apr 2024
Infinera (NASDAQ:INFN)
Historical Stock Chart
From Apr 2023 to Apr 2024