Cisco just announced the Plan to acquire Acacia, a fiber optical interconnect company($300m annual sales). Does anyone know how many Acacia people Cisco will keep based on their previous acquisitions? Especially the supporting function like Finance. Thanks!
Also Acquisitions are made based on talent and Technology. As mentioned above it will be operated as a separate BU. And eventually integrated to one of the BU's. Most of big acquisitions operate as a different "company" within and have a different pay structure. They don't downsize unless it is performing brutally bad. The management has a LRSP and monitor it for 3-5 years based on the investment.
Thanks for the information! I understand the core team like engineers have no worry about being let go but corporate functions like HR, finance and legal team will be doing duplicate job functions as Cisco’s headquarter’s teams. I hope that they do want to keep the talent and maybe find a different role for them if their jobs are no longer needed.
Any employees from an acquisition are left untouched for 18 months. They will operate as their own BU for that period of time. After which they will be integrated with whatever BU that aligns with that business.
Can I ask how did you get 18? Is it what Cisco always do? Because it says that the deal/acquisition will be done in about 9 months. Thanks!
It's a legal/tax thing from my understanding. And that's what they did with the company I was working with and they had been acquired.