Cisco Systems and Acacia Communications Provide Status Update of Pending Acquisition

Forward Looking Statements
This press release may be deemed to contain forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  Any statements that are not statements of historical fact (including statements containing the words "believes," "plans," "anticipates," "expects," "estimates" and similar expressions) should be considered to be forward-looking statements, although not all forward-looking statements contain these identifying words.  Readers should not place undue reliance on these forward-looking statements.  Forward-looking statements include statements regarding the expected completion of the acquisition.  Statements regarding future events are based on the parties' current expectations and are necessarily subject to associated risks related to, among other things, the ability of Cisco and Acacia to complete the proposed transaction on the anticipated terms and timing, or at all, the ability of the parties to obtain regulatory approval of the acquisition in China, the occurrence of any event, change or other circumstances that could give rise to the termination of the definitive agreement, the outcome of any legal proceedings related to the transaction, general economic conditions, including as related to the ongoing COVID-19 pandemic, the retention of employees of Acacia and the ability of Cisco to successfully integrate Acacia's market opportunities, technology, personnel and operations and to achieve expected benefits. Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements.  For information regarding other related risks, see the "Risk Factors" section of Cisco's most recent quarterly report on Form 10-Q as filed with the SEC on May 18, 2020 and on its most recent annual report on Form 10-K as filed with the SEC on September 5, 2019, as well as the "Risk Factors" section of Acacia's most recent quarterly report on Form 10-Q as filed with the SEC on May 4, 2020 and on its most recent annual report on Form 10-K as filed with the SEC on February 18, 2020. The parties undertake no obligation to revise or update any forward-looking statements for any reason. 

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco's trademarks can be found at www.cisco.com/go/trademarks. The Acacia name and logo and the Acacia logo are registered trademarks of Acacia Communications, Inc. in the U.S.A. and other countries.  All other trademarks mentioned herein are the property of their respective companies.

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SOURCE Cisco Systems, Inc.