Cisco acquires Acacia Communications for $2.6 billion

Cisco acquires Acacia Communications for $2.6 billion

Cisco plans to acquire Acacia Communications in a deal worth $2.6 billion. Under the terms of the deal, Cisco will acquire Acacia for $70 a share in cash. Acacia, which makes optical interconnect technology, is an existing supplier to Cisco.

Timothy
Timothy
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