ACACIA COMMUNICATIONS INC. overview

MAYNARD, Mass., Jan. 11, 2021 (GLOBE NEWSWIRE) -- Acacia Communications, Inc. (Nasdaq: ACIA) (“Acacia” or “the Company”) today announced that it filed its answer and affirmative defenses in response to the complaint filed by Cisco Systems, Inc. (Nasdaq: CSCO) (“Cisco”) in the Delaware Court of Chancery and simultaneously filed a counterclaim against Cisco seeking a declaration that Acacia validly terminated the merger agreement with Cisco because the required Chinese regulatory...

MAYNARD, Mass., Jan. 11, 2021 (GLOBE NEWSWIRE) -- Acacia Communications, Inc. (NASDAQ: ACIA) ("Acacia Communications" or "Company"), a leading provider of high-speed coherent optical interconnect products, today announced certain preliminary unaudited financial results for its fourth fiscal quarter and fiscal year ended December 31, 2020. Preliminary Results for the Fourth Quarter of 2020 Revenue of $160.0 million to $164.0 million GAAP net income of $31.7 million to $35.4 million Non-GAAP net...

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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...

MAYNARD, Mass., Dec. 08, 2020 (GLOBE NEWSWIRE) -- Acacia Communications, Inc . (NASDAQ: ACIA), a leading provider of high-speed coherent optical interconnect products, today announced that its family of 400G pluggable coherent solutions have won the optical integration (Silicon Photonics) category of the first-ever ECOC Exhibition Industry awards . Utilizing Acacia’s 3D siliconization technology, Acacia’s 400G pluggable module family features an expansive list of interoperability solutions (...

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...

MAYNARD, Mass. and SANTA CLARA, Calif., Oct. 26, 2020 (GLOBE NEWSWIRE) -- Acacia Communications, Inc . (NASDAQ: ACIA), a leading provider of high-speed coherent optical interconnect products, and Inphi Corporation (NASDAQ GS: IPHI), a leader in high-speed data movement interconnects, today announced that they have successfully completed module-level interoperability testing. The testing demonstrated error free links in 400ZR mode between Inphi’s COLORZ ® II QSFP-DD and Acacia’s 400ZR...

MAYNARD, Mass., Oct. 08, 2020 (GLOBE NEWSWIRE) -- Acacia Communications, Inc . (NASDAQ: ACIA), a leading provider of high-speed coherent optical interconnect products, today announced it is sampling new coherent bi-directional pluggable optical module solutions that were designed to transmit and receive data in both directions on a single fiber for 100G and beyond. Offered in a pluggable CFP2-DCO form factor, Acacia’s coherent bi-directional module is designed to deliver an operationally...