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Cisco's (CSCO) deal with Acacia Communications (ACIA) won conditional approval from China's antitrust authority, according to a posting on the Chinese regulator's website.The approval comes after Cisco last week agreed to a new deal with Acacia at $115/share, up from $70/share after Acac...
Merger activity decreased last week with six new deals announced. Acacia Communications and Cisco Systems announced an amendment to their merger agreement. Google completes the acquisition of Fitbit. For further details see: Merger Arbitrage Mondays - Fitbit Closes And A...
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,...
Gainers: Datasea (DTSS) +62%. CPS Technologies (CPSH) +56%. Acacia Communications (ACIA) +32%. Ideanomics (IDEX) +30%. Technical Communications (TCCO) +24%.Losers: CleanSpark (CLSK) -9%. Triterras (TRIT) -9%. Borqs Technologies (BRQS) -7%. Nano Dimension (N...
Shares of optical networking company Acacia Communications (NASDAQ: ACIA) soared on Thursday after the drama related to its acquisition by Cisco Systems (NASDAQ: CSCO) ended with an amended merger agreement at a substantially higher price. Shares of Acacia were up about 32.5...
Gainers: Datasea (DTSS) +90%.Lexicon Pharmaceuticals (LXRX) +85%.Pennsylvania Real Estate Investment Trust (PEI) +50%.DPW Holdings (DPW) +36%.Organogenesis (ORGO) +34%.Acacia Communications (ACIA) +33%.Bicycle Therapeutics (BCYC) +31%.AeroVironment (AVAV) +29%.Maxar Technologie...
Cisco and Acacia Communications Announce Amended Merger Agreement PR Newswire SAN JOSE, Calif. , Jan. 14, 2021 /PRNewswire/ -- News Summary: The acquisition of Acacia reinforces Cisco's commitment to optics as a building block that w...
Cisco (CSCO) new deal for Acacia (ACIA) to be announced soon, CNBC's David Faber says, citing people familiar.Developing story ... For further details see: Cisco enters new deal to buy Acacia for $115/Share, CNBC Says
The following slide deck was published by Acacia Communications, Inc. in conjunction with this event. For further details see: Acacia Communications (ACIA) Investor Presentation - Slideshow
Acacia Communications (ACIA) rose 3.9% after Rosenblatt reinitiated coverage of the stock after last week's decision by Acacia to terminate its deal with Cisco (CSCO) and following preliminary earnings last night.Rosenblatt analyst Ryan Koontz boosted PT to $110 from $70, writing that he sees...
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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,...