Lumina Networks on Tuesday announced that it has begun an orderly shut-down of business.
Lumina Networks in a statement said that, “Unfortunately, while many in the telco community applauded our work, and planned deployments, revenue has not followed at the scale required for us to operate and manage a large open source project. Essentially, revenue continued to flow to proprietary vendors. The switch to open source did not take place at a pace anywhere close to the speed that would enable us to operate and grow our business, despite commitments from many to the contrary. We have also found that COVID-19 has actually redirected funds away from automation projects and into building-out raw infrastructure, further delaying adoption.”