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MAYNARD, Mass., Nov. 22, 2016 -- 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 Communications
Acacia 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 [email protected] Media Contact: Jason Ouellette (617) 723-1044 [email protected]
