...A. Today, we're pleased to announce that Ciena has entered into a definitive agreement to acquire Nubis Communications. B. These shifts present a significant market opportunity, with early projections estimating the co-packaged optical and electrical interconnects market to reach between $5 billion and $10 billion by 2030. C. This includes our 1.6T coherent light plug, powered by our 224 gig [service], which delivers robustness and higher loss budget at comparable power consumption to IMDD. D. And earlier this year, Ciena was the first to demonstrate 448 gig PAM4 in silicon, leveraging ultra-high bandwidth converters built on low power 3 nanometer CMOS technology. E. Backed by investors like Matrix Partners, Eriksson, GV, and TDK Ventures, Nubis has raised over $50 million in funding and has more than 100 patent applications related to optical module technologies, with 30 patents issued to date. F. They support up to 6.4T full duplex bandwidth and are optimized for low latency, low power...
