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Cisco Systems (CSCO), a technology leader powering the Internet and networks around the world, has had a rough journey over the past three months. The stock has tumbled nearly 20% during this period due to its weak fiscal fourth-quarter earnings release and deceleration in a couple of departm...
MAYNARD, Mass. and SANTA CLARA, Calif., Oct. 26, 2020 (GLOBE NEWSWIRE) -- Acacia Communications, Inc . (NASDAQ: ACIA), a leading provider of high-speed coherent optical interconnect products, and Inphi Corporation (NASDAQ GS: IPHI), a leader in high-speed data movement inter...
Merger activity moderated again last week with three new deals announced. The acquisition of Acorn International by First Ostia Port. The merger of DouYu International Holdings Limited and HUYA Inc. For further details see: Merger Arbitrage Mondays - 2 Potential Deals Co...
Acacia Communications (ACIA -0.6%) - flat for most of the day - has hitched down slightly suddenly amid chatter of Dealreporter saying China is delaying deal approvals. That suggest a hitch in its agreement to be acquired by Cisco Systems (CSCO +0.6%). China reportedly won't make rulings on d...
Merger activity increased significantly last week with ten new deals announced. The merger of WPX Energy (WPX) and Devon Energy Corporation (DVN). Morgan Stanley (MS) completes the acquisition of E*TRADE Financial Corporation (ETFC). For further details see: Me...
MAYNARD, Mass., Oct. 08, 2020 (GLOBE NEWSWIRE) -- Acacia Communications, Inc . (NASDAQ: ACIA), a leading provider of high-speed coherent optical interconnect products, today announced it is sampling new coherent bi-directional pluggable optical module solutions that were designed to tra...
MAYNARD, Mass., Oct. 07, 2020 (GLOBE NEWSWIRE) -- Acacia Communications, Inc . (NASDAQ: ACIA), a leading provider of high-speed coherent optical interconnect products, today announced it is sampling a new 100G coherent dense wavelength division multiplexing (DWDM) pluggable solution des...
MAYNARD, Mass. and YOKOHAMA, Japan, Oct. 01, 2020 (GLOBE NEWSWIRE) -- Acacia Communications, Inc . (NASDAQ: ACIA), a leading provider of high-speed coherent optical interconnect products, and NTT Electronics, Co. (NEL) , a leading supplier of coherent Digital Signal Processor (DSP) ...
Merger activity increased last week with one new deal announced. The acquisition of Standard AVB Financial by Dollar Mutual Bancorp. InnerWorkings receives shareholder approval. For further details see: Merger Arbitrage Mondays - A Very Active Quarter Draws To A Clo...
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...
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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,...