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Technology Stocks : Infinera
INFN 6.6400.0%Feb 28 4:00 PM EST
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From: Tartuffe8/6/2018 4:57:40 PM
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But in addition to the ZTE situation, Acacia now also faces some uncertainty as a result of the planned acquisition of Coriant by Infinera. Acacia is playing cute on this topic, with CEO Shanmugaraj noting on the earnings call: "We have longstanding business relationships with both of these companies. We are well penetrated in many Coriant platforms and do not believe that this announcement will have an adverse impact on our business in the short or medium term, although it is too early to predict any longer-term impact. We look forward to continuing our engagement with these companies on existing projects and potential new opportunities in the future."

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