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

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

Seeks bigger chunk of telco spend.

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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