Luxtera: Cisco to acquire Luxtera in $660 million intent-based networking push

Cisco says acquisition of semiconductor company will help it meet customer demand for bigger, faster and more efficient networks Cisco says it plans to buy semiconductor company Luxtera for $660 million, with the deal expected to close in the third quarter of Cisco's fiscal year 2019. Cisco says the Californian based firm's advanced chips for... The article Cisco to acquire Luxtera in $660 million intent-based networking push, by James Orme originally appeared on The Stack.