But wait, there's more.Cisco's archrival Arista is heavily involved in OCP. And, as Cowen's Paul Silverstein pointed outabout this deal, Arista is also an Acacia customer.
Remember, the deal still has to pass regulatory approval, so executives aren't likely to say that they plan to use it to shake down their competitors.Even if Cisco keeps that promise forever, its competitors can't be happy. No one wants to write big checks to buy a rival's gear, or to share product engineering details with them.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why Broadcom's Rumored $15-Billion Acquisition Of Symantec Makes SenseSymantec shares jumped almost 14% over trading on July 3rd following reports that it could potentially be acquired by Broadcom for $15 billion. The security software company saw its share price cross $25 for the first time since last May. Per Trefis, Symantec’s shares have a fair value of $21
Source: Forbes - 🏆 394. / 53 Read more »
IBM closes its $34 billion acquisition of Red HatIBM has officially closed its $34 billion acquisition of Red Hat in one of the largest U.S. tech deals ever. I remember when Red Hat was some super nerdy guy who occasionally popped up on CNBC who puzzled people for daring to create another operating system. $34b later... Time for Red Hat to put Trump in prison
Source: CNBC - 🏆 12. / 72 Read more »