NASDAQ:ACIA - Nasdaq -
Andreas Bechtolsheim, a billionaire founder of Sun Microsystems Inc. and Arista Networks Inc., will be barred from serving as an executive or board member of a public company for five years after the Securities and Exchange Commission accused him of insider trading.
Mentions: CSCO
Mentions: CSCO
Acacia Communications (ACIA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Acacia Communications (ACIA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Dealmakers say technology CEOs are pondering their dream deals after a record year for global tech M&A that saw mega-transactions in areas from chips to enterprise software.
China’s State Administration for Market Regulation issued a conditional approval of Cisco Systems Inc.’s purchase of Acacia Communications Inc., removing a regulatory hurdle that had nearly torpedoed the deal.The approval is conditional on the companies agreeing to continue to honor contracts with existing clients in China for the next five years from the effective date, the regulator said in a release dated Jan. 14 and posted on its website on Tuesday. Among other requirements, the combined ent
Mentions: CSCO
The winner of Barron’s annual quiz posted a score of 15 out of a possible 18. That’s not easy.
The anonymous winner of Barron’s annual quiz posted a score of 15 out of a possible 18. That’s not easy.
The stock market rally paused this week amid a new Trump impeachment and a Biden stimulus plan. Major indexes fell, but small caps and many leaders rose.
Cisco (CSCO) will now pay $4.5 billion to acquire Acacia Communications, which represents a 73.1% increase over the original purchase price of $2.6 billion.
Upgrades For Stifel Financial Corp (NYSE:SF), Wells Fargo upgraded the previous rating of Underweight to Equal-Weight. In the third quarter, Stifel Financial showed an EPS...
Gainers Poshmark, Inc. (NASDAQ: POSH) shares climbed 141.7% to close at $101.50 on Thursday as the company priced its IPO at $42 per share. Lexicon Pharmaceuticals, Inc. (NASDAQ...
The price has been sweetened by 64%.
Mentions: CSCO
The game of chess between Acacia and Cisco ended with a more generous merger agreement.
Mentions: CSCO
Cisco upped its offer for Acacia Communications to $4.5 billion from $2.6 billion. Cisco stock edged up while Acacia stock soared on the sweetened offer.
Cisco said it has reached a revised agreement to acquire the optical networking company Acacia Communications for $115 a share, up from a previously agreed price of $70 a share.
Cisco Systems Inc. agreed to raise its offer for Acacia Communications Inc. by more than 70% to close a deal that its target tried to walk away from.Acacia shareholders will get $115 a share in cash in the revised bid, for a total deal value of $4.5 billion, Cisco said in a statement Thursday.The new terms reflect the difficulties of trying do transactions that require approval in China and the surge in public market value of technology stocks. Networking equipment maker Cisco announced in July
Mentions: CSCO
Mentions: CSCO
Massachusetts-based Acacia Communications saw its IBD SmartSelect Composite Rating rise to 96 Wednesday, up from 91 the day before.
MAYNARD, Mass., Jan. 11, 2021 (GLOBE NEWSWIRE) -- Acacia Communications, Inc. (NASDAQ: ACIA) ('Acacia Communications' or 'Company'), a leading p...
Cisco (CSCO) is seeking a court order to bar Acacia from cancelling the proposed takeover until the matter is settled.
Cisco wins a court order that stops Acacia from abandoning the merger deal. Cisco says China’s SAMR confirmed that it had met all conditions for the merger.
Mentions: CSCO
Acacia Communications ended its $2.6 billion acquisition by Cisco after China delayed approval. Acacia stock jumped while Cisco stock was little changed.