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Lumentum News
Coherent Says Revised II-VI Proposal Superior to Lumentum Agreement
SANTA CLARA, Calif., March 8, 2021 — Coherent determined that a revised acquisition proposal from optical components and semiconductor materials manufacturer II-VI is superior to the terms of a January merger agreement between Coherent and laser and optical fiber developer Lumentum....
Coherent to Discuss Purchase Bid with II-VI
SANTA CLARA, Calif., Feb. 16, 2021 — Coherent’s board of directors will engage in discussions with II-VI, in response to II-VI’s unsolicited proposal to acquire Coherent. II-VI issued a purchase offer worth approximately $6.4 billion. II-VI’s Coherent bid followed an...
II-VI Purchase Offer for Coherent Magnifies Differences, Similarities in Three Existing Bids
Feb. 16, 2021 — Analysts and those from across the photonics landscape were digesting news of MKS Instruments’ $6 billion bid to acquire Coherent early last week — a move that itself countered a $5.7 billion deal that Lumentum in January struck to...
II-VI Joins Lumentum and MKS Instruments in Bidding War for Coherent; II-VI Offers $260 per Share
PITTSBURGH, Feb. 12, 2021 — II-VI has made an offer to acquire Coherent in a cash and stock transaction, after MKS offered its bid to acquire the laser pioneer on Monday. Under the terms outlined in a letter to Coherent’s board of directors, Coherent shareholders would...
MKS’ Acquisition of Coherent Would Have Ripple Effect on Ultrafast Laser Sector
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...
MKS Makes Bid to Acquire Coherent
SANTA CLARA, Calif., Feb. 8, 2021 — Coherent Inc. received an unsolicited acquisition proposal from MKS Instruments Inc. to acquire Coherent in a cash and stock transaction, Coherent said in a press release. Coherent issued the release 20 days after it entered into a $5.7 billion...
For Lumentum, Coherent Acquisition Is Timely, Complementary, Analysts Say
SAN JOSE, Calif., Jan. 27, 2021 — Following Lumentum’s $5.7 billion acquisition of laser pioneer Coherent last week, analysts speaking to Photonics Media said the deal is poised to accelerate Lumentum’s presence in the telecom/datacom and 3D sensing sectors in which it...
Lumentum Acquires TriLumina Assets
SAN JOSE, Calif., Nov. 18, 2020 — Lumentum has acquired technology assets of TriLumina, including patents and other intellectual property. Trilumina technology includes flip-chip, back-emitting VCSEL arrays for use in a wide variety of applications, including 3D sensing, automotive...
Lumentum Appoints Janet Wong to Board of Directors
SAN JOSE, Calif., Oct. 2, 2020 — Lumentum has announced the appointment of Janet Wong to its board of directors, bringing the board to eight members, seven of whom are independent. Lumentum is a designer and manufacturer of optical and photonic components in optical networking and...
Car In-Cabin 3D Sensing Is Within Sight
Feb 24, 2020 — It is expected that in the future, cars will drive themselves. Between now and then, though, cars will partially drive themselves, much like today’s Tesla with Autopilot. Ensuring that drivers are paying attention during assistance is, and...
II-VI, Lumentum Partner with Infinera
SUNNYVALE, Calif., Feb. 21, 2020 — Infinera has announced partnerships with II-VI Inc. and Lumentum Holdings Inc. to advance the development of optical transceivers based on the XR optics technology. XR optics are expected to enable more efficient and cost-effective solutions for...
Lumentum Announces Herscher as New Board Chair
MILPITAS, Calif., Aug. 30, 2019 — Lumentum Holdings Inc. has announced the appointment of Penny Herscher as chair of its board of directors. She has served on the board since the company split from JDSU in 2015. Herscher also serves on the boards of Faurecia SA, Verint, and PROS...
Lumentum and Cambridge Industries Group Form Partnership
MILPITAS, Calif., March 20, 2019 — Lumentum and Cambridge Industries Group have entered into an agreement on a joint venture that will put both companies in the position to compete commercially in the datacom transceiver market. Lumentum, a developer of photonics products for optical...
Lumentum Appoints Wajid Ali Executive VP and CFO
MILPITAS, Calif., March 5, 2019 — Lumentum Holdings Inc. has appointed Wajid Ali as executive vice president and chief financial officer, replacing Christopher Coldren, who had been serving as the company’s Interim CFO since June 2018.
SWDM Industry Consortium Created
SUNNYVALE, Calif., March 28, 2017 — A new industry consortium focused on the definition of optical specifications and the adoption of shortwave wavelength division multiplex (SWDM) standards has been formed, geared towards datacenter and enterprise campuses that deploy duplex...
OFC 2017: A Broad Global Optics Assembly
Mar 8, 2017 — From March 19 to 23, the Los Angeles Convention Center in California will be filled with the industry’s top optical communications professionals, companies and institutions. They’re coming together for OFC (the Optical Fiber...
Springfield Tech's Laser Program Set to Expand
Jun 7, 2016 — One of the oldest laser electro-optic technology associate degree programs in the U.S. will soon be seeing changes as the result of a $500,000 grant. Springfield Technical Community College (STCC) in Springfield, MA, will create an advanced laser...
Jason Reinhardt, Vince Retort Promoted at Lumentum
MILPITAS, Calif., March 14, 2016 — Lumentum Holdings Inc. has promoted Jason Reinhardt to executive vice president of global sales and product line management, with Vince Retort promoted to executive vice president and chief operating officer. In his expanded role, Reinhardt will...
Lumentum Appoints Chris Pfistner VP of Product Line Management
MILPITAS, Calif., Nov. 3, 2015 — Lumentum Holdings Inc. has appointed Chris Pfistner vice president of product line management for data communications products. In the newly created position, Pfistner will report to Alan Lowe, Lumentum's president and CEO. Pfistner brings 20 years...
Fiber Industry Group Pushes SWDM for Data Centers
SUNNYVALE, Calif., Sept. 22, 2015 — A new industry organization aims to help data centers minimize upgrade costs by exploiting new capabilities of older optical fibers. The SWDM Alliance will promote shortwave wavelength division multiplexing (SWDM) technology, which increases the...
Lumentum, Viavi Part Ways after JDSU Breakup
MILPITAS, Calif., Aug 13, 2015 — Lumentum Holdings Inc., a manufacturer of optical photonics products for optical networking and commercial lasers, has completed its spinoff from JDS Uniphase Corp. and initiated operations as an independent, publicly traded company. Formerly...
JDSU Reveals Spinoff Names: Lumentum and Viavi
MILPITAS, Calif., Feb. 27, 2015 — Lumentum and Viavi are the names of the two companies JDSU plans to split into this fall. Meanwhile, Chief Financial Officer Rex Jackson will leave the company Sept. 30 following the expected completion of the spinoff. JDSU’s communications...
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May 2024
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