{"id":415049,"date":"2021-01-14T09:30:29","date_gmt":"2021-01-14T14:30:29","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=415049"},"modified":"2021-01-14T09:30:29","modified_gmt":"2021-01-14T14:30:29","slug":"cisco-and-acacia-communications-announce-amended-merger-agreement","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cisco-and-acacia-communications-announce-amended-merger-agreement\/","title":{"rendered":"Cisco and Acacia Communications Announce Amended Merger Agreement"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">SAN JOSE, Calif.<\/span>, <span class=\"xn-chron\">Jan. 14, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/813707\/Cisco_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/813707\/Cisco_Logo.jpg\" title=\"Cisco Logo (PRNewsfoto\/Cisco)\" alt=\"Cisco Logo (PRNewsfoto\/Cisco)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b><br \/>\n          <i>News Summary:<\/i><br \/>\n        <\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>The acquisition of Acacia reinforces Cisco&#8217;s commitment to optics as a building block that will enhance Cisco&#8217;s &#8216;Internet for the Future&#8217; strategy with world class coherent optical solutions. <\/li>\n<li>Cisco is committed to supporting Acacia&#8217;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. <\/li>\n<li>Cisco has agreed to acquire Acacia for <span class=\"xn-money\">$115<\/span> per share in cash, or approximately <span class=\"xn-money\">$4.5 billion<\/span> on a fully diluted basis, net of cash and marketable securities.<\/li>\n<\/ul>\n<p>Cisco (NASDAQ: CSCO) and Acacia Communications\u00a0(NASDAQ: ACIA) today announced an amendment to the definitive merger agreement under which Cisco previously agreed to acquire\u00a0Acacia. Under the terms of the amended agreement, Cisco would acquire Acacia for <span class=\"xn-money\">$115<\/span> per share in cash, or for approximately <span class=\"xn-money\">$4.5 billion<\/span> on a fully diluted basis, net of cash and marketable securities. Cisco and Acacia expect to complete the acquisition by the end of the first calendar quarter of 2021, subject to closing conditions, including Acacia stockholder approval.<\/p>\n<p>Upon completion of the acquisition, CEO Raj Shanmugaraj\u00a0and Acacia employees will join Cisco&#8217;s Optics business.<\/p>\n<p>&#8220;I am delighted that Cisco and Acacia have decided to come together in this mutual deal,&#8221; said <span class=\"xn-person\">Chuck Robbins<\/span>, chairman and CEO, Cisco. &#8220;We look forward to welcoming Raj and the Acacia team to Cisco to offer our customers world-class coherent optical solutions to power the Internet for the future.&#8221; <\/p>\n<p>The pending acquisition of Acacia reinforces Cisco&#8217;s commitment to optics as a critical building block that will enhance the company&#8217;s &#8216;Internet for the Future&#8217; strategy with world class coherent optical solutions for customers, further enabling them to address the unprecedented scale of modern IT. Cisco is committed to supporting Acacia&#8217;s existing and new customers around the world that require industry-leading coherent optics, digital signal processing \/ photonic integrated circuit modules and transceivers for use in networking products and data centers. <\/p>\n<p>&#8220;Both Cisco and Acacia have been focused on helping customers create a simpler operations environment, with a shared vision for the future of routing and switching with pluggable optics,&#8221; said <span class=\"xn-person\">Bill Gartner<\/span>, senior vice president and general manager, Cisco Optical Systems and Optics Group. &#8220;Together we will ignite our strategy to transform the optical world as we know it, with innovative solutions to boost network capacity inside and outside the data center.&#8221;<\/p>\n<p>&#8220;We maintain our strong conviction in the strategic benefits of joining the Cisco family and believe it will enable us to better support our existing customers, while reaching an expanded footprint of new customers globally,&#8221; said Raj Shanmugaraj, president and CEO of Acacia. &#8220;We are pleased to have reached this agreement with Cisco and are excited to move forward with the combination which we believe will transform the optical industry, while providing great opportunities for Acacia employees to continue their innovation.&#8221;\u00a0 <\/p>\n<p><b>About\u00a0Acacia Communications<br \/><\/b>Acacia Communications\u00a0develops, manufactures and sells high-speed coherent optical interconnect products that are designed to transform communications networks through improvements in performance, capacity and cost. By implementing optical interconnect technology in a silicon-based platform, a process\u00a0Acacia Communications\u00a0refers to as the &#8220;siliconization of optical interconnect,&#8221;\u00a0Acacia Communications\u00a0is able to offer products at higher speeds and density with lower power consumption, that meet the needs of cloud and service providers and can be easily integrated in a cost-effective manner with existing network equipment. For more information about Acacia, visit\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3037543-1&amp;h=1230207599&amp;u=http%3A%2F%2Fwww.acacia-inc.com%2F&amp;a=www.acacia-inc.com\" rel=\"nofollow noopener noreferrer\">www.acacia-inc.com<\/a> or follow on Twitter at @AcaciaComms.<\/p>\n<p>\n        <b>About Cisco<br \/><\/b>Cisco (NASDAQ: CSCO) is the worldwide leader\u00a0in technology\u00a0that powers the Internet. Cisco inspires new possibilities by reimagining your applications, securing your data, transforming your infrastructure, and empowering your teams\u00a0for a global and inclusive future. Discover more on\u00a0Network and\u00a0follow us on Twitter at\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3037543-1&amp;h=2974888361&amp;u=https%3A%2F%2Ftwitter.com%2FCisco&amp;a=%40Cisco\" rel=\"nofollow noopener noreferrer\">@Cisco<\/a>.<\/p>\n<p>\n        <i>Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and\/or its affiliates in the U.S. and other countries. A listing of Cisco&#8217;s trademarks can be found at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3037543-1&amp;h=641316743&amp;u=http%3A%2F%2Fwww.cisco.com%2Fgo%2Ftrademarks&amp;a=www.cisco.com%2Fgo%2Ftrademarks\" rel=\"nofollow noopener noreferrer\">www.cisco.com\/go\/trademarks<\/a>.<\/i>\n      <\/p>\n<p>\n        <b><br \/>\n          <i>Forward Looking Statements<br \/><\/i><br \/>\n        <\/b><br \/>\n        <i>This press release may be deemed to contain forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.\u00a0 Any statements that are not statements of historical fact (including statements containing the words &#8220;believes,&#8221; &#8220;plans,&#8221; &#8220;anticipates,&#8221; &#8220;expects,&#8221; &#8220;estimates&#8221; and similar expressions) should be considered to be forward-looking statements, although not all forward-looking statements contain these identifying words.\u00a0 Readers should not place undue reliance on these forward-looking statements.\u00a0 Forward-looking statements may include statements regarding the expected timing of the closing of the acquisition of Acacia Communications, the enhancement to Cisco&#8217;s strategy, support of Acacia&#8217;s existing customers and new customers, and Acacia personnel.\u00a0 Statements regarding future events are based on the parties&#8217; current expectations and are necessarily subject to associated risks related to, among other things, the satisfaction of the closing conditions to the acquisition, including Acacia stockholder approval, litigation related to the transaction, general economic conditions, including as related to the ongoing COVID-19 pandemic, the retention of employees of Acacia and the ability of Cisco to successfully integrate Acacia&#8217;s market opportunities, technology, personnel and operations and to achieve expected benefits. Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements. For information regarding other related risks, see the &#8220;Risk Factors&#8221; section of Cisco&#8217;s most recent quarterly report on Form 10-Q filed with the SEC on <span class=\"xn-chron\">November 17, 2020<\/span> and on its most recent annual report on Form 10-K filed with the SEC on <span class=\"xn-chron\">September 3, 2020<\/span>, as well as the &#8220;Risk Factors&#8221; section of Acacia&#8217;s most recent quarterly report on Form 10-Q filed with the SEC on <span class=\"xn-chron\">November 9, 2020<\/span> and on its most recent annual report on Form 10-K filed with the SEC on <span class=\"xn-chron\">February 18, 2020<\/span>. The parties undertake no obligation to revise or update any forward-looking statements for any reason. <\/i>\n      <\/p>\n<p>\n        <b>Additional Information and Where to Find It<\/b><br \/>\n        <br \/>\n        <i>In connection with the proposed acquisition and required stockholder approval, Acacia will file with the SEC a preliminary proxy statement and a definitive proxy statement. The proxy statement will be mailed to Acacia stockholders. Acacia&#8217;s stockholders are urged to read the proxy statement (including all amendments and supplements) and other relevant materials when they become available because they will contain important information. Investors may obtain free copies of these documents (when they are available) and other documents filed with the SEC at its website at <a href=\"http:\/\/www.sec.gov\" rel=\"nofollow\">www.sec.gov<\/a>. In addition, investors may obtain free copies of the documents filed with the SEC by Acacia by going to Acacia&#8217;s Investor Relations page on its corporate website at <a href=\"http:\/\/ir.acacia-inc.com\/\" rel=\"nofollow\">http:\/\/ir.acacia-inc.com\/<\/a> or by contacting Acacia Investor Relations at (212) 871-3927. <br \/><\/i>\n      <\/p>\n<p>\n        <i>The Company and its executive officers and directors may be deemed to be participants in the solicitation of proxies from Acacia&#8217;s stockholders with respect to the acquisition. Information about Acacia&#8217;s directors and executive officers, including their ownership of Acacia securities, is set forth in Acacia&#8217;s annual report on Form 10-K filed with the SEC on <span class=\"xn-chron\">February 18, 2020<\/span>, as amended on <span class=\"xn-chron\">April 29, 2020<\/span>, and Acacia&#8217;s other filings with the SEC. Investors may obtain more detailed information regarding the direct and indirect interests of Acacia and its respective executive officers and directors in the acquisition by reading the preliminary and definitive proxy statements regarding the transaction, which will be filed with the SEC.<\/i><br \/>\n        \n      <\/p>\n<p>In addition, Cisco and its executive officers and directors may be deemed to have participated in the solicitation of proxies from Acacia&#8217;s stockholders in favor of the approval of the transaction. Information concerning Cisco&#8217;s directors and executive officers is set forth in Cisco&#8217;s proxy statement for its 2020 Annual Meeting of Shareholders, which was filed with the SEC on <span class=\"xn-chron\">October 21, 2020<\/span>, annual report on Form 10-K filed with the SEC on <span class=\"xn-chron\">September 3, 2020<\/span>, Form 8-Ks filed with the SEC on <span class=\"xn-chron\">November 13, 2020<\/span>, <span class=\"xn-chron\">November 30, 2020<\/span>, <span class=\"xn-chron\">December 11, 2020<\/span>, <span class=\"xn-chron\">December 17, 2020<\/span> and <span class=\"xn-chron\">January 7, 2021<\/span>, and Cisco&#8217;s other filings with the SEC. These documents are available free of charge at the SEC&#8217;s website at <a href=\"http:\/\/www.sec.gov\" rel=\"nofollow\">www.sec.gov<\/a> or by going to Cisco&#8217;s Investor Relations website at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3037543-1&amp;h=1155056449&amp;u=https%3A%2F%2Finvestor.cisco.com%2F&amp;a=https%3A%2F%2Finvestor.cisco.com\" rel=\"nofollow noopener noreferrer\">https:\/\/investor.cisco.com<\/a>. <\/p>\n<div>\n<table id=\"convertedTable5a8d\" cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnsbt0 prnsbr0 prnbcc prnsbb0 prnsbl0\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Cisco Press Relations:\u00a0\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Cisco Analyst Relations: <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Cisco Investor Relations<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Robyn Blum\u00a0\u00a0\u00a0\u00a0\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Michael Piramoon\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Carol Villazon<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">+1 408 930 8548<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">+1 408 526 6184<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">+1 408 525 1642<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <a target=\"_blank\" href=\"mailto:gpettigr@cisco.com\" class=\"prnews_a\" rel=\"nofollow noopener noreferrer\">gpettigr@cisco.com<\/a>\u00a0\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <a target=\"_blank\" href=\"mailto:jolean@cisco.com\" class=\"prnews_a\" rel=\"nofollow noopener noreferrer\">mpiramoo@cisco.com<\/a>\u00a0\u00a0\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <a target=\"_blank\" href=\"mailto:carolv@cisco.com\" class=\"prnews_a\" rel=\"nofollow noopener noreferrer\">carolv@cisco.com<\/a><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Acacia Public Relations:\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Acacia Investor Relations:\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Kelly Karr\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Monica Gould\u00a0 <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">+1 212 871-3927\u00a0 <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">+1 408 718-9350 <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <a target=\"_blank\" href=\"mailto:PR@acacia-inc.com\" class=\"prnews_a\" rel=\"nofollow noopener noreferrer\">PR@acacia-inc.com<\/a> \u00a0\u00a0\u00a0\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <a target=\"_blank\" href=\"mailto:IR@acacia-inc.com\" class=\"prnews_a\" rel=\"nofollow noopener noreferrer\">IR@acacia-inc.com<\/a>\u00a0\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<\/tr>\n<\/table><\/div>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=SF48921&amp;sd=2021-01-14\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/cisco-and-acacia-communications-announce-amended-merger-agreement-301208570.html\">http:\/\/www.prnewswire.com\/news-releases\/cisco-and-acacia-communications-announce-amended-merger-agreement-301208570.html<\/a><\/p>\n<p>SOURCE  Cisco Systems, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=SF48921&amp;Transmission_Id=202101140927PR_NEWS_USPR_____SF48921&amp;DateId=20210114\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire SAN JOSE, Calif., Jan. 14, 2021 \/PRNewswire\/ &#8212;\u00a0 News Summary: The acquisition of Acacia reinforces Cisco&#8217;s commitment to optics as a building block that will enhance Cisco&#8217;s &#8216;Internet for the Future&#8217; strategy with world class coherent optical solutions. Cisco is committed to supporting Acacia&#8217;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. Cisco (NASDAQ: CSCO) and Acacia Communications\u00a0(NASDAQ: ACIA) today announced an amendment to the definitive &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cisco-and-acacia-communications-announce-amended-merger-agreement\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Cisco and Acacia Communications Announce Amended Merger Agreement&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-415049","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cisco and Acacia Communications Announce Amended Merger Agreement - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cisco-and-acacia-communications-announce-amended-merger-agreement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cisco and Acacia Communications Announce Amended Merger Agreement - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire SAN JOSE, Calif., Jan. 14, 2021 \/PRNewswire\/ &#8212;\u00a0 News Summary: The acquisition of Acacia reinforces Cisco&#8217;s commitment to optics as a building block that will enhance Cisco&#8217;s &#8216;Internet for the Future&#8217; strategy with world class coherent optical solutions. Cisco is committed to supporting Acacia&#8217;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. Cisco (NASDAQ: CSCO) and Acacia Communications\u00a0(NASDAQ: ACIA) today announced an amendment to the definitive &hellip; Continue reading &quot;Cisco and Acacia Communications Announce Amended Merger Agreement&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/cisco-and-acacia-communications-announce-amended-merger-agreement\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-14T14:30:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/813707\/Cisco_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cisco-and-acacia-communications-announce-amended-merger-agreement\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cisco-and-acacia-communications-announce-amended-merger-agreement\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Cisco and Acacia Communications Announce Amended Merger Agreement\",\"datePublished\":\"2021-01-14T14:30:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cisco-and-acacia-communications-announce-amended-merger-agreement\\\/\"},\"wordCount\":1397,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cisco-and-acacia-communications-announce-amended-merger-agreement\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/813707\\\/Cisco_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cisco-and-acacia-communications-announce-amended-merger-agreement\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cisco-and-acacia-communications-announce-amended-merger-agreement\\\/\",\"name\":\"Cisco and Acacia Communications Announce Amended Merger Agreement - 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Cisco is committed to supporting Acacia&#8217;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. 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