Growth by acquisition is a perfectly sensible strategy; neither IBM nor Oracle would be what they are today without an open-wallet buyout binge or two. Smaller players like TTM Technologies
But I guess CIENA
I'd be happy to cut CIENA some slack until the whole affair is properly sorted out, but this is a particularly bad time to be off your game for any reason. CIENA's bread and butter is providing a range of products and services to telecom operators, and that business looks set to explode over the next year or two as AT&T
Nortel may help CIENA in the long run, but will the company make it that far without being chopped up and sold for parts itself? I'm not so sure. Share your thoughts on this matter in the comments below.