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Cisco to acquire optical technology company’Acacia’ for $4.5 billion
Michael Cooney | Network World
Prior to this, the two companies recently sued each other to the court. When Acacia announced that it would immediately terminate its merger agreement with Cisco, Cisco requested a court order to prevent Acacia from breaking the deal.
The revised acquisition agreement between the two companies clarifies how important networking products and optical systems such as digital signal processing, optical built-in circuit modules, and transceivers for use in the data center and for Cisco today and in the future. Acacia is a company that develops, manufactures and sells high-speed optical connection products. It improves the network that connects the data center to the cloud and service providers.
“We are pleased to announce the merger between Cisco and Acacia on the terms of mutual satisfaction,” said Chuck Robinson, chairman of Cisco. “He said. Bill Gartner, senior vice president of Cisco’s Optical Systems and Optics Group, said, “We will use our innovative solutions to drive our strategy to transform our optical products and improve network performance inside and outside the data center.” [email protected]
Source: ITWorld Korea by www.itworld.co.kr.
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