Cisco System's Chairman and CEO Chuck Robbins stated, "I am delighted that Cisco and Acacia have decided to come together in this mutual deal...We look forward to welcoming Raj and the Acacia team to Cisco to offer our customers world-class coherent optical solutions to power the Internet for the future." The companies stated that Cisco's acquisition of Acacia serves to reinforce its commitment to optics as a critical component in enhancing its '"Internet for the Future" strategy and will enable the firm to address vast and expanding IT needs. Cisco noted that it is "committed to supporting Acacia's existing and new customers around the world that require industry-leading coherent optics, digital signal processing / photonic integrated circuit modules and transceivers for use in networking products and data centers."