RESEARCH TRIANGLE PARK - Cisco and Acacia Communications have put aside their legal differences over a failed acquisition to settle on terms for a new deal. But
Cisco has agreed to acquire Acacia for $115 per share in cash, or approximately $4.5 billion on a fully diluted basis, net of cash and marketable securities.
Cisco and Acacia Communications Announce Amended Merger Agreement
News provided by
Share this article
News Summary:
The acquisition of Acacia reinforces Cisco s commitment to optics as a building block that will enhance Cisco s Internet for the Future strategy with world class coherent optical solutions.
Cisco is committed to supporting Acacia s existing customers around the world as well as new customers that require industry-leading coherent optics, digital signal processing / photonic integrated circuit modules and transceivers for use in networking products and data centers.
Cisco has agreed to acquire Acacia for $115 per share in cash, or approximately $4.5 billion on a fully diluted basis, net of cash and marketable securities.