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Cisco to acquire Acacia Communications for USD 2.6 billion

2019-07-09 15:10:00| Telecompaper Headlines

(Telecompaper) Under the terms of the agreement, Cisco agreed to acquire Acacia for USD 70.00 per share in cash, or for approximately USD 2.6 billion on a fully diluted basis, net of cash and marketable securities. As Cisco and Acacia come together, Cisco sai dit plans to support Acacia's existing customers and new customers that want coherent optics, digital signal processing / photonic integrated circuit modules, and transceivers for use in networking products and data centres.

Tags: communications usd billion acquire

Category:Telecommunications

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