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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
