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MKS’ Acquisition of Coherent Would Have Ripple Effect on Ultrafast Laser Sector

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JAKE SALTZMAN, NEWS EDITOR
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Feb. 11, 2021 — Coherent’s confirmation Monday that members of its board are actively reviewing an unsolicited purchase offer from MKS Instruments came less than three weeks after Coherent and Lumentum announced a $5.7 billion deal, in which Lumentum would acquire the California-based laser manufacturer. According to analysts, both prospective deals would be immediately consequential across photonics business sectors, bringing together two industry leaders and forming a powerhouse company. MKS, in a press release Monday, said its proposed deal is worth approximately $300 million more than that...Read full article

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