Cisco to buy optical gear maker Acacia for US$2.8bn to build 5G muscle

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Seeks bigger chunk of telco spend.

Cisco to buy optical gear maker Acacia for US$2.8bn to build 5G muscle
Network gear maker Cisco Systems Inc said on Tuesday it would buy optical component maker Acacia Communications Inc 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 ...

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