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Cisco and Acacia Communications Announce Amended Merger Agreement

Cisco (NASDAQ: CSCO) and Acacia Communications (NASDAQ: ACIA) today announced an amendment to the definitive merger agreement under which Cisco previously agreed to acquire Acacia. Under the terms of the amended agreement, Cisco would acquire Acacia for $115 per share in cash, or for approximately $4.5 billion on a fully di

Published Date: January 15, 2021    |    Content Type: Industry News

 

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Acacia Communications Files Counterclaim Against Cisco

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 seeki

Published Date: January 12, 2021    |    Content Type: Industry News

 

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Acacia Pulls Out Of Cisco Deal

Shares of Acacia Communications soared 9.9% on Friday after the optical interconnect products maker terminated its merger deal with Cisco Systems. Notably, the deal was announced in July 2019, wherein Cisco agreed to buy Acacia for $2.6 billion in cash. Acacia (ACIA) cited lack of approval from the Chinese regulatory

Published Date: January 11, 2021    |    Content Type: Industry News

 

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Enghouse Systems Acquires Altitude Software

Enghouse Systems Limited (TSX: ENGH) announced today it has acquired Altitude Software which is based in Lisbon, Portugal. With annual revenue of approximately $30.0 million, Altitude provides omnichannel contact center solutions for small and large organizations, with a focus on the business process outsourcing (BPO) ma

Published Date: December 31, 2020    |    Content Type: Industry News

 

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Cisco Blogs

Cisco To Acquire IMImobile, for Approx. USD $730M

Cisco (NASDAQ: CSCO) is to acquire IMImobile PLC (AIM: IMO), a provider of cloud communications software and services that manage business-critical customer interactions at scale. The two companies reached agreement on the terms of a recommended cash offer pursuant to which Cisco will pay 595 pence per share in exchange

Published Date: December 24, 2020    |    Content Type: Industry News

 

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RingCentral Acquires DeepAffects for AI Innovation

RingCentral Acquires DeepAffects Conversational Intelligence Pioneer to Enable Smarter Video Meetings

RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, video meetings, collaboration, and contact center solutions, today announced that it has acquired DeepAffects, a leading conversational intelligence pioneer that uses artificial intelligence (AI) to analyze business conversations an

Published Date: December 24, 2020    |    Content Type: Industry News

 

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Cisco Blogs

Cisco Announces Intent to Acquire Dashbase

The continued shift toward digital business and remote work has made the demand for consistent availability and flawless performance of applications and digital experiences more critical than ever before. The increased demand to deliver seamless digital experiences has caused enterprises to accelerate their digital transf

Published Date: December 24, 2020    |    Content Type: Industry News

 

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AVCtechnologies Completes Strategic Acquisition of Ribbon’s Kandy Communications

AVCtechnologies Completes Strategic Acquisition of Ribbon’s Kandy Communications

Ribbon Communications Inc. (Nasdaq: RBBN) and American Virtual Cloud Technologies, Inc. (Nasdaq: AVCT) today announced that they have completed the previously announced acquisition of Kandy Communications (Kandy) by AVCT. Kandy complements AVCT’s April 2020 acquisition of Stratos Management Systems, Inc. (dba Computex

Published Date: December 3, 2020    |    Content Type: Industry News

 

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Five9 Completes Acquisition of Inference Solutions, the Market Leading Intelligent Virtual Agent Platform

Five9 Completes Acquisition of Inference Solutions, the Market Leading Intelligent Virtual Agent Platform

We are excited to announce that Five9 has completed the acquisition of Inference Solutions, the market leading provider of intelligent virtual agents (IVAs) as of November 18, 2020. The comedian Ronny Chieng recently posted a hilarious video satirizing the new culture of customer expectation. He sharply colors how relati

Published Date: November 20, 2020    |    Content Type: Industry News

 

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AVI Systems Acquires Atlanta-Based Avyve

AVI Systems today announced the acquisition of Avyve, a leading integrator of audio visual solutions headquartered in Peachtree Corners, Georgia, near Atlanta. The two companies will combine their Atlanta offices into Avyve’s physical location. When fully integrated, AVI Systems will serve the entire southeast United Stat

Published Date: November 10, 2020    |    Content Type: Industry News

 

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