Cisco closes $4.5 billion deal to acquire chipmaker Acacia
The deal amounts to nearly $2 billion more than an offer Cisco made to the chipmaker in 2019.
This week, Cisco announced an amendment to the definitive merger agreement under which they had previously agreed to acquire Acacia. Under the terms of the amended agreement, Cisco would acquire Ac... Read more
Intel makes progress in development of optical chips that accelerate AI
Chip manufacturer Intel has made progress in the development of optical chips specifically designed for artificial intelligence (AI) workloads. Scientists at the company have developed techniques that bring optical neural networks closer to reality, reports Venturebeat.
Photonic integrated circuits... Read more