For the record that is what we were told at the AGM. As I recall the question was asked whether the Tier 1 would invest in POET directly to shorten the time of product development. The answer was no that Tier 1 does not invest in public companies but is known to outright buy companies whose technology they want. 

Wake was keeping to the facts. If you want to provide a direct quote you can find in in the Q&A I believe. This was talked about on this forum at the time. It’s not new and there was a search for who fits that description and Cisco has that history.

Don’t get me wrong. I don’t want POET to be sold anytime soon but I think many do and are frustrated with how long this has taken.