Mergers & Acquisitions
By The Online Investor Staff, updated Wed., Mar. 3, 9:55 PM
| This Slide: #24 of 100 |
Slide #24. Cisco — Acacia Communications, Inc.
Acquirer:
Cisco (NASDAQ:CSCO)
Acquiree:
Acacia Communications, Inc.
Details:
Cisco (NASDAQ: CSCO) today announced the completion of the acquisition of Acacia Communications, Inc. (NASDAQ: ACIA) following approval by a majority of Acacia's shareholders. Acacia designs and manufactures high-speed, optical interconnect technologies that allow webscale companies, service providers and data center operators to meet the fast-growing consumer demand for data.
Cisco Systems designs and sells a range of technologies that power the Internet. Co.'s products and technologies are grouped into the following categories: Infrastructure Platforms, which consists of its main networking technologies of switching, routing, wireless, and data center products; Applications, which consists of software-related offerings that utilize the main networking and data center platforms to provide their functions; Security, which includes its network security, cloud and email security, identity and access management, threat protection, and unified threat management products; and Other Products, which consists of its cloud and system management and technologies products.
Cisco Systems SEC Filing Email Alerts Service
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Avg. Broker Rec.
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Buy (3.03 out of 4) 35th percentile
(ranked lower than approx. 65% of all stocks covered)
Analysts' Target Price: CSCO Stock Forecast Based on Zacks ABR data; powered by Xignite |
