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Cisco And Acacia Communications Announce Amended Merger Agreement
Acacia Communications Files Counterclaim Against Cisco
Acacia Posts Prelim Q4 GAAP Diluted EPS Of $0.73 To $0.82
Acacia Communications, Inc. provides high-speed coherent interconnect products. The Company's products include a series of low-power coherent digital signal processor application-specific integrated circuits (DSP ASICs), and silicon photonic integrated circuits (silicon PICs), which it has integrated into families of optical interconnect modules with transmission speeds ranging from 100 to 400 gigabits per second (Gbps) for use in long-haul, metro and inter-data center markets. The Company is also developing optical interconnect modules that will enable transmission speeds of one terabit (1,000 gigabits) per second and above. The Company's modules perform a majority of the digital signal processing and optical functions in optical interconnects. The Company's coherent DSP ASICs are manufactured using complementary metal oxide semiconductor (CMOS), and its silicon PICs are manufactured using a CMOS-compatible process.
Three Mill And Main Place, Suite 400
Vincent T Roche
Independent Chairman of the Board
President, Chief Executive Officer, Director
Benny P. Mikkelsen
Co-Founder, Chief Technology Officer, Director
Co-Founder, Vice President - Hardware and Software
Christian J. Rasmussen
Co-Founder, Vice President - Digital Signal Processing and Optics
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Optical component maker Acacia Communications Inc on Thursday agreed to Cisco Systems Inc's increased offer of $4.5 billion, days after the network gear maker took the legal route against Acacia for terminating a previous deal.
Optical component maker Acacia Communications Inc on Thursday agreed to be bought by network gear maker Cisco Systems Inc for a sweetened offer of $4.5 billion. Cisco had previously offered $2.84 billion.
Acacia Communications Inc said on Monday it had filed a counterclaim against Cisco Systems Inc, days after the network gear maker sought a court order asking Acacia to close the $2.84 billion deal it had ended.
Acacia Communications Inc said on Monday it had filed a counterclaim against Cisco Systems Inc , days after the network gear maker sought a court order asking Acacia to close the $2.84 billion deal it had ended.
Cisco Systems Inc on Friday sought a court order asking Acacia Communications Inc to close the $2.84 billion deal, just over an hour after the optical component maker terminated the merger agreement.
Acacia Communications Inc said on Friday it has terminated its nearly $3 billion merger agreement with Cisco Systems Inc, effective immediately.
Network gear maker Cisco Systems Inc <CSCO.O> and Acacia Communications Inc <ACIA.O> said on Wednesday China was yet to approve their proposed acquisition deal, already cleared by the United States, Germany and Austria.
* ACACIA COMMUNICATIONS INC - WILL NOT BE ATTENDING OFC 2020 DUE TO GROWING GLOBAL CONCERNS SURROUNDING ONGOING COVID-19 CORONAVIRUS OUTBREAK Source text for Eikon: Further company coverage:
Network gear maker Cisco Systems Inc said on Tuesday it would buy optical component maker Acacia Communications Inc for $2.84 billion in cash, as it seeks to garner a bigger chunk of 5G spending by telecom companies.
Cisco Systems Inc said on Tuesday it would buy optical component maker Acacia Communications Inc for $2.84 billion in cash.
Acacia Communications Inc said on Tuesday its supply agreement with ZTE Corp would remain suspended until the U.S. Department of Commerce lifted a trade ban on the Chinese telecommunications equipment maker.
Acacia Communications Inc's supply agreement with ZTE Corp will remain suspended until the U.S. Department of Commerce implements its recent settlement with the Chinese firm, the U.S. company said on Tuesday.
* Q2 EARNINGS PER SHARE VIEW $0.06, REVENUE VIEW $68.3 MILLION -- THOMSON REUTERS I/B/E/S
* HAS AUTHORIZED REPURCHASE OF UP TO $60 MILLION OF COMPANY'S COMMON STOCK
* ACACIA COMMUNICATIONS PROVIDES UPDATE ON U.S. DEPARTMENT OF COMMERCE ZTE STATEMENT
* ACACIA COMMUNICATIONS REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS
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