Cisco to build 5G muscle with $2.8 billion Acacia acquisition

By Staff Writer on Jul 10, 2019 6:50AM

Network gear maker Cisco Systems said on Tuesday it would buy optical component maker Acacia Communications for US$2.84 billion in cash, as it seeks to garner a bigger chunk of 5G spending by telecom companies. Globally, mobile networks would need higher-capacity optical interfaces to handle a ...

Hi! You've reached one of our premium articles available exclusively to subscribers. It's our way of saying thanks to our loyal readership.

It's free to register, and only takes a minute.

Once you sign up you'll have unlimited access to all of our content, as well as a daily newsletter delivered straight to your inbox to keep you up to date.

Already have an account? Log in to read this article.

Got a news tip for our journalists? Share it with us anonymously here.