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Cisco fights to keep alive its planned $2.6B purchase of optical-tech vendor Acacia
Cisco’s planned acquisition of Acacia Communications took a litigious turn this week as the networking giant has gone to court to keep the optical technologies vendor from terminating the purchase. Cisco filed for a temporary restraining order in Delaware Chancery Court Jan. 8 to prevent Acacia from terminating its acquisition agreement with the company. The move followed an Acacia statement issued earlier on Jan. 8 that stated the company “has elected to terminate its merger…
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