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Acacia Communications Inc (ACIA.O)

ACIA.O on Nasdaq

64.73USD
14 Oct 2019
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Latest Key Developments (Source: Significant Developments)

Viasat Wins Intellectual Property Suit Against Acacia Communications
Thursday, 18 Jul 2019 

July 17 (Reuters) - ViaSat Inc ::VIASAT WINS INTELLECTUAL PROPERTY SUIT AGAINST ACACIA COMMUNICATIONS.VIASAT INC - AWARDED $49.3 MILLION FOR ACACIA'S MISUSE OF VIASAT TECHNOLOGY.VIASAT INC - EXPECTS TO SEEK ADDITIONAL ROYALTY DAMAGES UNDER BREACH OF CONTRACT.VIASAT INC - ACACIA HAS OPTION TO APPEAL DECISION..VIASAT - JURY IN U.S. COURT FOUND THAT ACACIA COMMUNICATIONS VIOLATED INTELLECTUAL PROPERTY LAW BY MISUSING CO'S PROPRIETARY TECHNOLOGY.  Full Article

Cisco Intends To Acquire Acacia Communications
Tuesday, 9 Jul 2019 

July 9 (Reuters) - Acacia Communications Inc ::CISCO INTENDS TO ACQUIRE ACACIA COMMUNICATIONS.ACACIA COMMUNICATIONS INC - PROPOSED DEAL FOR APPROXIMATELY $2.6 BILLION.ACACIA COMMUNICATIONS INC - PROPOSED DEAL FOR $70.00 PER SHARE.ACACIA COMMUNICATIONS INC - PROPOSED DEAL FOR $70.00 PER SHARE IN CASH.ACACIA COMMUNICATIONS INC - ACACIA EMPLOYEES WILL JOIN CISCO'S OPTICAL SYSTEMS AND OPTICS BUSINESS WITHIN NETWORKING AND SECURITY BUSINESS UNDER DAVID GOECKELER..ACACIA COMMUNICATIONS INC - CISCO INTEGRATING ACACIA TECHNOLOGY INTO CISCO'S NETWORKING PORTFOLIO.  Full Article

Acacia Communications Announces Stock Repurchase Program
Thursday, 3 May 2018 

May 2 (Reuters) - Acacia Communications Inc ::ACACIA COMMUNICATIONS ANNOUNCES STOCK REPURCHASE PROGRAM.HAS AUTHORIZED REPURCHASE OF UP TO $60 MILLION OF COMPANY'S COMMON STOCK.REPURCHASE PROGRAM WILL BE FUNDED USING COMPANY'S WORKING CAPITAL.  Full Article

Acacia Communications Provides Update On U.S. Dept Of Commerce ZTE Statement
Tuesday, 17 Apr 2018 

April 17 (Reuters) - Acacia Communications Inc ::ACACIA COMMUNICATIONS PROVIDES UPDATE ON U.S. DEPARTMENT OF COMMERCE ZTE STATEMENT.ACACIA - AWARE OF ANNOUNCEMENT THAT U.S. DEPARTMENT OF COMMERCE IS BANNING AMERICAN COS FROM SELLING, EXPORTING OR RE-EXPORTING COMPONENTS TO ZTE CORP.ACACIA COMMUNICATIONS - CO IS TAKING STEPS TO SUSPEND AFFECTED TRANSACTIONS & IS ASSESSING IMPACT OF SUSPENSION ON ACACIA.  Full Article

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Cisco to buy optical gear maker Acacia for $2.8 billion to build 5G muscle

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.