Acacia Communications Named Silver Winner at MassEcon “Impact” Awards
November 22 2016 - 7:30AM
Acacia Communications, Inc. (NASDAQ:ACIA), a leading provider of
high-speed coherent optical interconnect products, today announced
that it has been named a silver winner of MassEcon’s Thirteenth
Annual Team Massachusetts Economic Impact Award for the Central
Region. The award celebrates companies that have made an
outstanding contribution to the Massachusetts economy, based on
their job growth, investment, community involvement and facility
expansion since January 1, 2015.
Headquartered in Maynard, Massachusetts, Acacia was founded in
2009 with the mission to deliver high-speed coherent optical
interconnect products that transform communications networks.
Acacia has grown to more than 250 employees worldwide and currently
occupies more than 50,000 square feet of the Mill and Main facility
in Maynard.
“We are extremely proud of this wonderful recognition,” said
John Gavin, chief financial officer at Acacia. “The Commonwealth of
Massachusetts has been home to some of the most successful and
innovative companies in technology. It is an honor for us to
be included with this year’s recipients and we look forward to
continuing to grow our presence in our home state and
globally.”
The winning companies were chosen from different industries
including, manufacturing, biotechnology, medical devices,
technology, and education. Together this year’s finalists have
added over 2,000 jobs to the Commonwealth, invested over $450
million in local research and development, and expanded their
facilities by nearly 1.5 million square feet since January
2015.
About Acacia CommunicationsAcacia
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 is able
to offer products at higher speeds and density with low power
consumption, that meet the needs of cloud and service providers and
can be easily integrated in a cost effective manner with existing
network equipment. www.acacia-inc.com.
Investor Relations Contact:
Monica Gould
(212) 871-3927
ir@acacia-inc.com
Media Contact:
Jason Ouellette
(617) 723-1044
Acacia@text100.com
Acacia Communications (NASDAQ:ACIA)
Historical Stock Chart
From Apr 2024 to May 2024
Acacia Communications (NASDAQ:ACIA)
Historical Stock Chart
From May 2023 to May 2024