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Shares in Acacia Communications (ACIA) spiked in the last hour following a Dealreporter update on China's review of its planned buyout by Cisco Systems (CSCO). Acacia quickly gave back the biggest gains, but is still up 0.7%. Cisco is at session lows, -2.2%. After earlier reports that Chinese...
Cisco Systems (CSCO -2.1%) may be on a Chinese blacklist of American entities that Beijing officials are hastily drawing up, according to The Wall Street Journal. Some Chinese leaders are hesitating on pulling the trigger and arguing a decision on the list should wait until after the U.S. ele...
While the pandemic may have slowed the pace of building next-generation infrastructure, the technology industry’s long-term growth prospects remain intact. Dell Technologies (DELL), Amphenol (APH), Arrow Electronics (ARW), and Acacia Communications (ACIA) are all poised to benefit from...
Merger activity decreased last week, with two new deals announced, but one of these was a blockbuster deal worth $21 billion and at a 108% premium to Friday's closing price. None of the pending active deals were completed last week. There was also a private deal nearly double the size of the...
I've had my issues with Inphi's ( IPHI ) valuation, as you have to stretch and look at what the market has historically been willing to pay for exceptional growth to drive an estimate of fair value, but I've had no issue with the performance of the company. In a quarter where even many tech co...
Less new deals. Less open deals. The M&A cupboard is as bare as it has been in more than a decade. Some deals have broken and more have had price cuts. Many have closed and a bunch more are on the verge of closing. Still there are always opportunities for those who do the work. One place...
MAYNARD, Mass., Aug. 12, 2020 (GLOBE NEWSWIRE) -- Acacia Communications, Inc . (NASDAQ: ACIA), a leading provider of high-speed coherent optical interconnect products, today announced it is sampling new 100G coherent pluggable solutions specifically designed for optimization in edge and ...
Acacia Communications (NASDAQ: ACIA ) : Q2 Non-GAAP EPS of $0.65 beats by $0.15 ; GAAP EPS of $0.37. More news on: Acacia Communications, Inc., Earnings news and commentary, Tech stocks news, Read more ...
MAYNARD, Mass., Aug. 10, 2020 (GLOBE NEWSWIRE) -- Acacia Communications, Inc. (NASDAQ: ACIA), a leading provider of high-speed coherent optical interconnect products, today reported financial results for its second quarter ended June 30, 2020. Acacia Communications will not host a conf...
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Cisco Completes Acquisition of Acacia Communications, Inc. PR Newswire SAN JOSE, Calif. , March 1, 2021 /PRNewswire/ -- News Summary: Cisco completed the acquisition of Acacia Communications, Inc. following approval of the transactio...
Because pandemic-driven trends are expected to continue this year and beyond, the technology sector is expected to keep rallying. While the gains for many stocks could be less than over the last year because the economy is haltingly returning to the old normal, we think the stocks of ServiceN...
It seems the latest stop-and-start multibillion-dollar marriage in the tech sector is now, once again, a go. On Thursday, Cisco Systems (NASDAQ: CSCO) and Acacia Communications (NASDAQ: ACIA) announced in a joint press release that the merger will go forward. On top of that,...