MAYNARD, Mass., July 09, 2018 (GLOBE NEWSWIRE) -- Acacia Communications, Inc. (NASDAQ: ACIA ), a leading provider of high-speed coherent optical interconnect products, today announced it was recognized for “Best 5G Architecture and Deep-Fiber Framework” at this year’s Next Generation Optical Networking (NGON) and DCI 2018 event that took place from June 26-28 in Nice, France.
The awards recognize the achievements of operators, data centers and solution providers in the optical networking industry. The “Best 5G Architecture and Deep-Fiber Framework” honor was based on innovative contributions Acacia has made that have advanced its customers and the optical networking industry. Submissions were judged by a panel of network operators and industry analyst firms.
“We are honored to accept this prestigious award,” said Raj Shanmugaraj, President and Chief Executive Officer of Acacia Communications. “Based on our experience, we see coherent moving from metro core to access aggregation networks such as 5G backhaul and fiber deep Remote PHY for cable access. Access networks delivering high bandwidth services could dramatically increase energy requirements to power and cool the equipment providing these services. We believe Acacia is on the forefront of providing the high performance, low power, compact form factor solutions necessary to help enable data centers to run on sustainable energy.”
Shorter reach applications are believed to be an emerging opportunity for coherent optical interconnects, and are receiving significant attention from industry standards organizations such as CableLabs that has published coherent standards for cable access networks.
On June 25, 2018, Acacia announced the introduction of two new high-speed coherent optical interconnect products for “ZR” applications – CFP2-DCO ZR and CFO-DCO ZR. These products were designed to address the aforementioned 5G and fiber deep applications, as well as data center edge and enterprise campus applications. In addition, Acacia’s CFP2-DCO module is well-suited to the requirements of the emerging coherent access market to help network operators reduce operational and capital expenses, increase reach and accelerate time-to-market of high-capacity solutions.
About Acacia Communications
Acacia Communications develops, manufactures and sells high-speed coherent optical interconnect products that are designed to transform communications networks through improvements in performance, capacity and cost. By leveraging silicon technology to build optical interconnects, a process Acacia refers to as the “siliconization of optical interconnect,” Acacia Communications is able to offer products at higher speeds and density with lower power consumption, that meet the needs of cloud and service providers in a cost-effective manner with existing network equipment. For more information visit www.acacia-inc.com or follow on Twitter at @AcaciaComms.
Forward Looking Statements
This press release includes statements concerning Acacia Communications and its future expectations, plans and prospects that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. For this purpose, any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the foregoing, the words "may," "should," "expects," "plans," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other similar expressions are intended to identify forward-looking statements. Acacia Communications has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that the Company believes may affect its business, financial condition and results of operations. These forward-looking statements speak only as of the date of this press release and are subject to a number of risks, uncertainties and assumptions including, without limitation, expectations regarding the expanded use of coherent technologies in shorter reach applications and the ability of Acacia’s products, including its ZR solutions, to address growing capacity demands in access aggregation networks, such as 5G and fiber deep, reduce the level of power consumption while increasing transmission speeds in networks using Acacia products, the ability of Acacia’s products to increase reach and accelerate time-to-market of high-capacity solutions, and other risks set forth under the caption "Risk Factors" in the Company's public reports filed with the SEC, including the Company's Annual Report on Form 10-K for the year ended December 31, 2017 and its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2018 filed with the SEC and in other filings that the Company may make with the SEC in the future. Acacia Communications assumes no obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.
For further information:
Public Relations Contact: Jackie D’Andrea InkHouse/Acacia Communications Office: (781) 966-4143 Email: PR@acacia-inc.com
Investor Relations Contact : Monica Gould Office: (212) 871-3927 Email: IR@acacia-inc.com
Lindsay Savarese Office: (212) 331-8417 Email: IR@acacia-inc.com
