YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Cisco to buy Acacia Communications for $2.6B

Posted online

Cisco Systems penned a deal to buy Acacia Communications for $2.6 billion.

Employees of Acacia, which makes optical networking semiconductors, will join Cisco’s networking and security business.

David Goeckeler, executive vice president of the networking and security business, said the deal would allow Cisco "to build on the strength of our switching, routing and optical networking portfolio to address our customers’ most demanding requirements.”

Read more from Barron's.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: Finley River Chiropractic

Adrianna Norris became a first-time business owner with the opening of Finley River Chiropractic; PaPPo’s Pizzeria & Pub launched its newest location; and Huey Magoo’s opened its second store in the Ozarks.

Most Read
Update cookies preferences