Acacia Communications

Acacia develops, manufactures, and sells high-speed coherent optical interconnect products in the United States, China, Germany, Thailand, and internationally. It offers embedded and pluggable module products consisting of optical interconnect modules with transmission speeds ranging from 100 to 1,200 gigabits per second for use in long-haul, metro, and inter-data center markets.  Acacia also provides semiconductor products, such as low-power coherent digital signal processor application-specific integrated circuits and silicon photonic integrated circuits that are integrated into embedded and pluggable modules. It sells its products through a direct sales force to network equipment manufacturers, network operators, and cloud service providers.  Eric Swanson, Benny Mikkelsen, and Mehrdad Givehchi founded Acacia in 2009. It has its headquarters in Maynard in Massachusetts.

Boeing

Cisco Systems

Acacia is calling off the $2.6 billion deal, and Boeing will pay an enormous fine.

Dow Jones Gains Despite Job Losses; Cisco's Deal for Acacia Terminated; Boeing Criminally Charged for 737 MAX Debacle

SAN JOSE, Calif., Jan. 8, 2021 /PRNewswire/ -- Cisco (NASDAQ: CSCO) today announced that it is seeking confirmation from the Delaware Court of Chancery that it has met all conditions for closing of its acquisition of Acacia Communications (NASDAQ: ACIA), including approval of China's...

Cisco Provides Update on Acacia Acquisition

Acacia Communications Inc. said Friday morning that it has opted to terminate its merger agreement with Cisco Systems Inc. . The merger, announced last July, "was conditioned on the satisfaction or waiver of customary closing conditions, including obtaining necessary regulatory approvals within the timeframe contemplated by the merger agreement," Acacia said in a release.

Acacia Communications says it's terminating merger agreement with Cisco

Acacia Communications Inc said on Friday it has terminated its nearly $3 billion merger agreement with Cisco Systems Inc, effective immediately.

Acacia terminates merger agreement with Cisco

MAYNARD, Mass., Jan. 08, 2021 (GLOBE NEWSWIRE) -- Acacia Communications, Inc. (Nasdaq: ACIA) today announced that it has elected to terminate its merger agreement with Cisco Systems, Inc., effective immediately. The proposed merger, announced in July 2019, was conditioned on the satisfaction or waiver of customary closing conditions, including obtaining necessary regulatory approvals within the timeframe contemplated by the merger agreement. Because approval of the Chinese government's State Administration for Market Regulation was not received within the timeframe contemplated by the merger agreement, Acacia did not have an obligation to close the merger before the arrival of the January 8, 2021 extended end date. As such, Acacia exercised its right to terminate the proposed transaction in accordance with the terms of the merger agreement.

Acacia Communications Terminates Merger Agreement

Acacia Communications, Inc. (ACIA) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes Acacia Communications, Inc. (ACIA) a New Strong Buy Stock

Award Recognizes Acacia's Proven Expertise in High-Performance Silicon PICs and Low Power DSPs Award Recognizes Acacia's Proven Expertise in High-Performance Silicon PICs and Low Power DSPs

Acacia Wins ECOC Industry Award for its Family of 400G Pluggable Coherent Solutions with 3D Siliconization Technology

Acacia Communications approaches deal conclusion with Cisco Systems. Stock rises above current all cash offer of $70.

Acacia Communications Sends Mixed Signals

Acacia Communications (ACIA) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Acacia Communications (ACIA): Strong Industry, Solid Earnings Estimate Revisions

Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that's why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an individual investor's stock selection process, as it may offer great insights of how the brightest minds of the finance industry feel about specific stocks. After all, these people have access to smartest analysts and expensive data/information sources that individual investors can't match. So should one consider investing in Acacia Communications, Inc. (NASDAQ:ACIA)? The smart money sentiment can provide an answer to this question.

Were Hedge Funds Wrong About Crowding Into Acacia Communications, Inc. (ACIA)?

Acacia Communications (ACIA) delivered earnings and revenue surprises of 16.42% and 10.59%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Acacia Communications (ACIA) Q3 Earnings and Revenues Top Estimates

MAYNARD, Mass., Nov. 09, 2020 (GLOBE NEWSWIRE) -- Acacia Communications, Inc. (NASDAQ: ACIA), a leading provider of high-speed coherent optical interconnect products, today reported financial results for its third quarter ended September 30, 2020. Acacia Communications will not host a conference call to discuss its results for the third quarter of 2020 or provide forward guidance for the fourth quarter ending December 31, 2020, due to the previously announced proposed acquisition of Acacia Communications by Cisco Systems, Inc.

Acacia Communications Reports Third Quarter 2020 Results

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.

Acacia Communications (ACIA) Earnings Expected to Grow: Should You Buy?

Validates the readiness of multi-sourced 400ZR DSPs for DCI applications Validates the readiness of multi-sourced 400ZR DSPs for DCI applications

Acacia Communications and Inphi Successfully Demonstrate Interoperability of 400ZR over 120 km

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Michel Massoud's Melqart Asset Management is an event-driven hedge fund that was founded by Massoud in 2015. Melqart employs a fundamental bottom-up approach to portfolio construction and utilizes three main sub-strategies, which are merger arbitrage, sub-investment grade credit, and special situations equity.

Melqart Asset Management's Latest Gaming and Tech Stock Moves

Enables Network Providers to Easily Meet Rising Bandwidth Demands in Fiber-Limited Networks Enables Network Providers to Easily Meet Rising Bandwidth Demands in Fiber-Limited Networks

Acacia Strengthens Edge and Access Network Portfolio with New Coherent Bi-Directional Pluggables for Cable and 5G Wireless X-Haul Applications

Nearly a year ago, Acacia Research expanded its business strategy to generate absolute return. Starboard Value partnered with it to generate leads and provide financial backing.

Acacia Research: Starboard Facilitates The Generation Of Absolute Return

Acacia Communications, Inc. (ACIA) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects.

Acacia Communications, Inc. (ACIA) Upgraded to Strong Buy: Here's Why

Delivers the Performance, Scalability and Operational Efficiency Needed for Service Provider Networks Offering 5G Wireless and Enterprise Services Delivers the Performance, Scalability and Operational Efficiency Needed for Service Provider Networks Offering 5G Wireless and Enterprise Services

Acacia Drives Coherent Technology to New Point-to-Point Edge and Access Networks

Acacia Communications, Inc. (ACIA) delivered earnings and revenue surprises of 14.04% and 2.60%, respectively, for the quarter ended June 2020.

Acacia Communications, Inc. (ACIA) Surpasses Q2 Earnings and Revenue Estimates

MAYNARD, Mass., Aug.  10, 2020  (GLOBE NEWSWIRE) -- Acacia Communications, Inc. (NASDAQ: ACIA), a leading provider of high-speed coherent optical interconnect products, today reported financial results for its second quarter ended June 30, 2020. Acacia Communications will not host a conference call to discuss its results for the second quarter of 2020 or provide forward guidance for the third quarter ending September 30, 2020, due to the previously announced proposed acquisition of Acacia Communications by Cisco Systems, Inc.

Acacia Communications Reports Second Quarter 2020 Results

Acacia Research

Acacia Research Corporation (ACTG) CEO Clifford Press on Q2 2020 Results - Earnings Call Transcript

Acacia Communications, Inc. (ACIA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

Acacia Communications, Inc. (ACIA) to Report Q2 Results: Wall Street Expects Earnings Growth

Acacia Pharma Advances Preparations for US Launch of BARHEMSYS®

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The prospects of communication services have expanded on solid demand due to remote working trends. Here are five stocks that can make the most of the boom.

News for Acacia Communications Stock (ACIA)