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China's market regulator approves Cisco buy of Acacia, with some curbs

China's market regulator approves Cisco buy of Acacia, with some curbs

FILE PHOTO: A visitor uses a mobile phone in front of the Cisco booth at the Mobile World Congress in Barcelona, Spain, February 26, 2019. REUTERS/Rafael Marchante

SHANGHAI: China's market regulator said on Tuesday it has approved plans for Cisco Systems Inc's. purchase of Acacia Communications Inc, as long as both comply with a set of conditions.

(Reporting by Josh Horwitz in Shanghai and Lusha Zhang and Yingzhi Yang in Beijing; Editing by Clarence Fernandez)

Source: Reuters

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