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Cisco agrees big increase in Acacia bid to seal takeover

2021-01-14 16:32:00| Telecompaper Headlines

(Telecompaper) Cisco has agreed to a big increase in the price it will pay to acquire Acacia Communications, after the latter attempted to withdraw from the deal first agreed in July 2019...

Tags: big increase bid seal

 

Acacia calls off takeover by Cisco

2021-01-11 08:42:00| Telecompaper Headlines

(Telecompaper) Acacia Communications said it's pulling out of an agreement to be acquired by Cisco, after the company did not secure the necessary regulatory approvals in time...

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Cisco looks to courts as Acacia pulls out of $2.6bn merger

2021-01-11 01:00:00| Total Telecom industry news

Back in the summer of 2019, Cisco first announced plans to merge with optical interconnect products manufacturer Acacia Communications for $2.6 billion. The relationship between the two companies was fairly well established, with Acacia supplying Cisco for some time…read more on TotalTele.com »

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Cisco Webex gets third-party apps, PSTN service and more new features

2020-12-09 13:31:00| Telecompaper Headlines

(Telecompaper) Cisco has announced new features and products for its Webex collaboration platform during the WebexOne conference. This includes improved integration with third-party business apps and new hardware targeting remote workers. Cisco is also expanding in the telephony market with the launch of integrated PSTN services for Webex customers.

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Cisco buys IMImobile for USD 730 million

2020-12-07 09:43:00| Telecompaper Headlines

(Telecompaper) The acquisition has been recommended by IMImobile's board of directors but is still subject to other conditions. It should close in the first quarter of next year. When that takes place, the IMImobile team will join Cisco's Contact Center business unit, led by Omar Tawakol, the GM of Cisco Contact Center, part of the Cisco Collaboration business.

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