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Share Name | Share Symbol | Market | Type |
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Infinera Corporation | NASDAQ:INFN | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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-0.02 | -0.38% | 5.24 | 5.05 | 5.75 | 5.64 | 5.22 | 5.47 | 1,976,802 | 01:00:00 |
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Seaborn recently announced that Seabras-1 is now ready for operations. At 10,600 kilometers of subsea cable with multiple branching units, Seabras-1 is the longest uncompensated cable deployed connecting North and South America. Seabras-1 is designed to provide additional route diversity to Virginia Beach, Miami, St. Croix, Fortaleza, Rio de Janeiro, southern Brazil and Cape Town. Seaborn selected the XTS-3300 to deliver the industry’s highest subsea spectral efficiency and lowest power consumption available in a commercially deployed, compact, easy-to-use platform.
Ease of use:
Performance and low power:
“In our quest to meet unprecedented bandwidth demand from our customers, we rely on solutions that are easy to operate, highly reliable and provide cloud scale capacity in a small form factor,” said Larry W. Schwartz, Chairman & CEO, Seaborn Networks. “The Infinera XTS-3300 meshponder significantly exceeded our expectations, allowing us to provision services within minutes between our Infinera metro networks in Brazil and New York. This, combined with Instant Bandwidth, enables us to rapidly respond to our customers’ hyperscale requirements and offer cloud scale service on demand.”
“We are honored to partner with Seaborn to light the Seabras-1 cable,” said Tom Fallon, Infinera Chief Executive Officer. “Infinera continues to push the physics of the optical transport world for the benefit of our customers and the networks they run. The XTS-3300 is purpose-built for subsea applications, delivering industry leading subsea performance while integrating seamlessly into Seaborn’s existing terrestrial and subsea network.”
The ICE4-based XT-3300 and XTS-3300 are now shipping. Earlier this year Infinera began shipping the ICE-4 based Cloud Xpress 2, the second generation of Infinera’s market-leading metro data center interconnect platforms.
About Seaborn Networks Seaborn Networks is a leading developer-owner-operator of independent submarine fiber optic cable systems, including Seabras-1 between New York and São Paulo and ARBR between São Paulo and Buenos Aires (projected ready-for-service Q4 2018). www.seabornnetworks.com About InfineraInfinera (NASDAQ:INFN) provides Intelligent Transport Networks, enabling carriers, cloud operators, governments and enterprises to scale network bandwidth, accelerate service innovation and automate optical network operations. Infinera’s end-to-end packet-optical portfolio is designed for long-haul, subsea, data center interconnect and metro applications. Infinera’s unique large scale photonic integrated circuits enable innovative optical networking solutions for the most demanding networks. To learn more about Infinera visit www.infinera.com, follow us on Twitter @Infinera and read our latest blog posts at www.infinera.com/blog.
Infinera and the Infinera logo are registered trademarks of Infinera Corporation.
This press release contains forward-looking statements including, but not limited to the technical, operational and economic benefits relating to the deployment of the XTS-3300 in subsea networks. These statements are not guarantees of results and should not be considered as an indication of future activity or future performance. 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 Infinera’s business, is contained in the risk factors section and other sections of Infinera’s Quarterly Report on Form 10-Q for the quarter ended July 1, 2017 as filed with the SEC on August 8, 2017, as well subsequent reports filed with or furnished to the SEC. These reports are available on Infinera’s 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 Seaborn Media: Kate Wilson T: +1 (978) 471-3169 kate.wilson@seabornnetworks.com Infinera Investors: Jeff Hustis Tel: + 1 (408) 213-7150 jhustis@infinera.com
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