Flash Report 2 minutesRegister for Free AccessCisco to Acquire Acacia Communications for $2.6 Billion in Cash Coresight Research July 10, 2019 Executive SummaryOn July 9, 2019, Cisco announced an agreement to acquire optical-networking equipment manufacturer Acacia Communications for $2.6 billion in cash, net of cash and marketable securities. Acacia Communications develops, manufactures and sells high-speed optical products that connect servers using silicon-based technology, which aims to offer higher performance and capacity at a lower cost. The acquisition enables Cisco to offer its customers greater bandwidth at a cheaper cost and is expected to close in the second half of fiscal 2020 (by July 2020). Providing greater, lower-cost bandwidth enables retailers and enterprises to offer bandwidth-heavy services such as virtual reality, real-time image processing and 5G wireless. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Shoptalk Europe 2024 Startup Pitch Competition: Innovator ProfilesJanuary 2023 US Retail Traffic and In-Store Metrics: Traffic Growth Strengthens to 14%Innovator Profile: Portless Streamlines Cross-Border Logistics with Direct Shipping SolutionsOctober 2023 UK Retail Sales: Growth Slides Again Amid High Borrowing Costs and Unfavorable Weather