Cisco to acquire Acacia Communications for $2.6 billion

Cisco agreed to acquire Acacia Communications, a supplier of high-speed optical interconnect technologies, for $70 per share in cash, or approximately $2.6 billion net of cash and marketable securities.

“Cisco has agreed to acquire Acacia for $70.00 per share in cash, or for approximately $2.6 billion on a fully diluted basis”investor.cisco.com

• 1 source
• investor.cisco.comCisco Systems Inc. - Cisco Intends to Acquire Acacia CommunicationsJul 9, 2019

Summarized from public sources; check the original articles before acting on it.