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Acacia Communications Inc (ACIA.O)

ACIA.O on Nasdaq

64.99USD
22 Jul 2019
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Tue, Jul 9 2019

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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.

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.

UPDATE 1-Cisco to buy Acacia Communications for $2.8 bln

July 9 Network gear maker Cisco Systems Inc said on Tuesday it would buy optical component maker Acacia Communications Inc for $2.84 billion in cash.

Cisco to buy Acacia Communications for $2.8 bln

July 9 Cisco Systems Inc said on Tuesday it would buy optical component maker Acacia Communications Inc for $2.84 billion in cash.

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