Close the acquisition of Acacia Communications
Not delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 9 Jul 2019
- Due
- 31 Jul 2020
- Checked
- 1 Oct 2026
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The acquisition is expected to close during the second half of Cisco’s FY2020, subject to customary closing conditions and required regulatory approvals.”
What we found
Evidence strength A What the grades mean
Cisco did not close the acquisition of Acacia Communications by the end of its 2020 fiscal year, as the transaction remained pending and was subsequently amended in early 2021.
-
A Cisco Systems, Inc. 10-K filed 2020-09-03
“The acquisition is expected to close during the first half of fiscal 2021” ✓ confirmed on the page
-
A Cisco Systems, Inc. 10-Q filed 2021-02-16
“On January 14, 2021, Cisco and Acacia announced an amendment to the definitive merger agreement under which we had previously agreed to acquire Acacia.” ✓ confirmed on the page
Market reaction: the shares moved +1.1% against the S&P 500 over the three sessions around the disclosure (2 Sep 2020 to 8 Sep 2020). What this measures
Checked 1 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- Acquisition of Acacia Communications
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: customary closing conditions; required regulatory approvals
- Depends on
- Regulatory, Shareholder
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
- Third check on a negative finding: agreesBecause a negative finding could harm a company if wrong, a stronger model re-read the evidence fully blind and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
Are you Cisco Systems, Inc.? You can publish an official statement next to this entry, free. Add a statement.
Is something here wrong or out of date? Companies and readers can ask us to check it. Please bring a link to a public source.
Report an error in this entry Reference: KI-C-2019-CSCO-001495 · Corrections policy