• Cisco To Acquire Networking Tech Company CoreOptics For $99M In Cash

    Cisco is to buy privately held CoreOptics, a designer of digital signal processing solutions for high-speed optical networking applications. Under the terms of the agreement, Cisco will pay approximately $99 million in cash and retention-based incentives in exchange for all shares of CoreOptics. The acquisition is subject to customary closing conditions and is expected to close in the second… Read More