Cisco agreed to acquire Acacia Communications for $70.00 per share in cash, or for approximately $2.6 billion on a fully diluted basis, net of cash and marketable securities. The deal is expected to close during the second half of Cisco's FY2020. Acacia employees will join Cisco's Optical Systems and Optics business within the networking and security business under David Goeckeler.
Acacia, which is headquartered in Maynard, Massachusetts and is publicly traded ((NASDAQ: ACIA), develops, manufactures and sells high-speed coherent optical interconnect products, including digital signal processing / photonic integrated circuit modules, and transceivers.
http://ir.acacia-inc.com/static-files/3364e03b-6e70-4933-8c93-84b6fe4c74df
In May, Acacia posted Q1 2019 revenue of $105.2 million, up 44% year-over-year. GAAP gross margin was 47.4%. GAAP net income was $7.0 million and non-GAAP net income was $15.4 million.
Cisco said Acacia's technology will enrich its optical systems portfolio, allowing customers to transition from chassis-based systems to pluggable technology to simplify operations and reduce network complexities.
On a conference call, Cisco said it is also committed to supporting Acacia's current business including existing and future customers.
"By innovating across software, silicon and optics, Cisco is reinventing every domain of the network with our intent-based architectures," said David Goeckeler, executive vice president and general manager of Cisco's networking and security business. "With the explosion of bandwidth in the multi-cloud era, optical interconnect technologies are becoming increasingly strategic. The acquisition of Acacia will allow us to build on the strength of our switching, routing and optical networking portfolio to address our customers' most demanding requirements."
"Coherent technology has been a game-changer for optical networking and continues to evolve with the deployment of pluggable coherent optics," said Raj Shanmugaraj, president and chief executive officer, Acacia. "Upon close, Cisco and Acacia will continue to serve and support existing Acacia customers. By integrating Acacia technology into Cisco's networking portfolio, we believe we can accelerate the trend toward coherent technology and pluggable solutions while accommodating a larger footprint of customers worldwide."
http://ir.acacia-inc.com/
Cisco completes Luxtera acquisition
Cisco completed its previously announced acquisition of privately-held Luxtera.
Cisco said it plans to incorporate Luxtera’s technology across its intent-based networking portfolio, spanning enterprise, data center and service provider markets.
Cisco said it plans to incorporate Luxtera’s technology across its intent-based networking portfolio, spanning enterprise, data center and service provider markets.
Cisco to acquire Luxtera for silicon photonics -- $660M
Cisco agreed to acquire privately-held Luxtera, a developer of silicon photonic technologies, for $660 million in cash and assumed equity awards.
Luxtera, which is based in Carlsbad, California, focuses on silicon photonics process and packaging technologies for building integrated optics capabilities for webscale and enterprise data centers, service provider market segments, and other customers.
Luxtera leverages a hybrid integration approach wherein the photonics die forms the base of the transceiver chipset, while the light source and electronics die are attached on top. The company says its ability to integrate all optical components into a single silicon chip enables it to manufacture at wafer scale.
Cisco said the integration of Luxtera will broaden its portfolio of 100GbE and 400GbE optics. Cisco plans to incorporate Luxtera's technology across its intent-based networking portfolio, spanning enterprise, data center and service provider markets.
Luxtera, which is based in Carlsbad, California, focuses on silicon photonics process and packaging technologies for building integrated optics capabilities for webscale and enterprise data centers, service provider market segments, and other customers.
Luxtera leverages a hybrid integration approach wherein the photonics die forms the base of the transceiver chipset, while the light source and electronics die are attached on top. The company says its ability to integrate all optical components into a single silicon chip enables it to manufacture at wafer scale.
Cisco said the integration of Luxtera will broaden its portfolio of 100GbE and 400GbE optics. Cisco plans to incorporate Luxtera's technology across its intent-based networking portfolio, spanning enterprise, data center and service provider markets.
ECOC 2018: Acacia presents 600 Gbps per Wavelength Coherent Transmission
At the European Conference on Optical Communications (ECOC) in Rome, Acacia Communications demonstrated its AC1200 coherent module with dual-core design enabling 1.2 Tbps error-free transmission over fiber with 600 Gbps per wavelength.
The Acacia AC1200 module supports transmission capacity of up to 1.2 Tbps in a footprint that is 40 percent less than the size of the 5” x 7” modules that support transmission speeds of 400 Gbps today.
The module is based on Acacia’s Pico DSP ASIC, which utilizes two wavelengths that can be configured to support from 100 Gbps to 600 Gbps capacity each. The Acacia AC1200 supports a suite of advanced three-dimensional (3D) shaping features that may be optimized to enable performance approaching theoretical limits on a wide range of network configurations.
Acacia shipped its first AC1200 module customer samples in March 2018 and anticipates production to begin by the end of 2018.
Acacia said its high-capacity solution targets the requirements for connections between large data centers with reaches of 100km and above using standard single-mode fiber.
The Acacia AC1200 module supports transmission capacity of up to 1.2 Tbps in a footprint that is 40 percent less than the size of the 5” x 7” modules that support transmission speeds of 400 Gbps today.The module is based on Acacia’s Pico DSP ASIC, which utilizes two wavelengths that can be configured to support from 100 Gbps to 600 Gbps capacity each. The Acacia AC1200 supports a suite of advanced three-dimensional (3D) shaping features that may be optimized to enable performance approaching theoretical limits on a wide range of network configurations.
Acacia shipped its first AC1200 module customer samples in March 2018 and anticipates production to begin by the end of 2018.
Acacia said its high-capacity solution targets the requirements for connections between large data centers with reaches of 100km and above using standard single-mode fiber.
