wiredInUSA February 2019

Future-proofing purchase

Cisco is to acquire the semiconductor company Luxtera for $660 million, with the intention of incorporating its technology into Cisco’s networking portfolio for enterprise, data center and service provider markets. The acquisition is intended to expand Cisco’s 100GbE and 400GbE portfolio, and to future-proof networks for emerging applications such as distributed cloud, mobility, and Internet of things, which are

putting strain on existing communications infrastructure.

On completion of the transaction, Luxtera employees will join Cisco’s optics business under David Goeckeler, executive vice president and general manager, networking and security business.

The acquisition is expected to close in the third quarter of Cisco’s fiscal year 2019.

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