Acacia Communications Inc

Acacia Communications was founded in 2009 and is headquartered in Maynard, Massachusetts. This technology company delivers a range of solutions for the optical transport network infrastructure equipment industries, and is involved in designing, manufacturing and commercialising optical transceiver subsystems and other silicon-based high-speed optical interconnect products. In addition to its headquarters, Acacia has offices in Hazlet, New Jersey, Mountain View, California, San Jose, California, and Limerick, Ireland. Company products improve performance and time to market while reducing customers’ overall development costs. The company’s unique manufacturing technology is referred to as the “siliconisation of optical interconnect” and enables Acacia to combine multiple optical functions in a single integrated solution. In late 2019, the company announced that it had received regulatory clearance in Germany regarding the proposed acquisition of Acacia Communications by Cisco Systems. Acacia Communications stock began trading on The NASDAQ Global Select Market in 2016. In the third quarter of fiscal 2019, the company reported revenue of $119.6 million. Trade this instrument and tune in for regular ACIA price updates.