Cisco Acquires Acacia in $2.6 Billion Deal to Boost Networks

Cisco is acquiring Acacia Communications for $2.6 billion, paying $70 per share, a 46% premium. This move is part of Cisco's strategy to increase its revenue from software and services to 50% by 2020. Acacia's focus on cloud and data centers aligns with Cisco's goals. However, the acquisition requires approval from China, where Acacia generates 29% of its revenue, posing a potential challenge due to strained US-China relations.

What is the main concern regarding Cisco's acquisition of Acacia in relation to China?

Who are Acacia's major customers in China as mentioned in the text?