Cisco to Pay $660M for Luxtera, Maker of Advanced Data Center Chips
Xconomy
DECEMBER 18, 2018
Cisco has agreed to pay $660 million for Luxtera, a Caltech spinout that makes optical chips for data centers. Cisco, the San Jose, CA-based tech giant (NASDAQ: CSCO ), said Tuesday that Luxtera’s advanced chips will help it offer its customers faster and better network service performance.
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