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2. Ciena Corporation (NYSE:CIEN)

Number of Hedge Fund Holders: 52

Ciena Corporation (NYSE:CIEN) offers global network hardware, software, and services, including optical networking, IP routing, network automation, and support solutions across multiple regions.

On February 19, Cirion Technologies announced that it will deploy Ciena’s WaveLogic 6 Extreme technology to improve Cirion’s terrestrial and submarine networks across Latin America, marking the region’s first 1.6 Tb/s single-carrier wavelength deployments. The upgrade will connect over 160 data centers, supporting bandwidth-heavy applications like AI, IoT, and streaming. Cirion will also upgrade the SAC East submarine cable and activate the SAC-2 route with Ciena’s GeoMesh Extreme and 6500 optical platform. Ciena’s coherent aggregation routers and Navigator Network Control Suite will enable Cirion to improve routing, network management, and overall efficiency for scalable, sustainable connectivity.