Welcome to the technology news portal for SE business professionals.

Read Cary NC: Epic Games Raises $1B for Long-term Metaverse Plans

New Video: Fri Industry: Glasses

Global Tech News from Los Angeles, Singapore & More

Tech Podcasts Features CNET All Tech

  • Read SE Tech News
  • Read Global Tech News
  • Watch All Tech Videos
  • Listen to Tech Podcasts
  • New! Events
  • SE Region
    • Alabama
    • Florida
    • Georgia
    • Kentucky
    • Mississippi
    • North Carolina
    • South Carolina
    • Tennessee
  • About
    • About Us
    • Contact Us
    • Your Content on TAGTV SE
    • Partner with TAGTV SE
  • Go to Fintech SE

Archived TAGTV SE Tech News

Research Triangle Park NC: Cisco Targets Data Center Market with $2.6B Buy of Acacia

07 17Posted July 17, 2019

RESEARCH TRIANGLE PARK – Cisco, which already employs some 5,000 people at its large campus in RTP, is about to get even bigger.

The Internet and networking giant on Tuesday disclosed it is acquiring publicly traded Acacia Networks in a deal valued at $2.6 billion.

Acacia concentrates on optical-based interconnection technologies that operate at high speeds.

Cisco says the deal will help it meet customer demand for faster and better access to information through data centers.

“By innovating across software, silicon and optics, Cisco is reinventing every domain of the network with our intent-based architectures,” said David Goeckeler, executive vice president and general manager of Cisco’s networking and security business., in a statement. “With the explosion of bandwidth in the multi-cloud era, optical interconnect technologies are becoming increasingly strategic. The acquisition of Acacia will allow us to build on the strength of our switching, routing and optical networking portfolio to address our customers’ most demanding requirements.”

Read the rest here

 

 

Share

Share

Sitemap | Top
Copyright © 2021 All rights reserved. Custom Design by globalspeak
Archived TAGTV SE Tech News

Mobile Menu

  • Read SE Tech News
  • Read Global Tech News
  • Watch All Tech Videos
  • Listen to Tech Podcasts
  • New! Events
  • SE Region
    • Alabama
    • Florida
    • Georgia
    • Kentucky
    • Mississippi
    • North Carolina
    • South Carolina
    • Tennessee
  • About
    • About Us
    • Contact Us
    • Your Content on TAGTV SE
    • Partner with TAGTV SE
  • Go to Fintech SE