The views, information, or opinions expressed in the Industry News RSS feed belong solely to the author and do not necessarily represent those of IDEX Health & Science and its employees.
Article obtained from Photonics RSS Feed.
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 already occupies positions of prominence. The acquisition also charts a course for Lumentum to bolster its relevance in areas to which its present business is tangential; Coherent’s established footprints in the precision manufacturing and scientific and medical instrumentation markets add immediate diversification to Lumentum’s core businesses.
Of added significance, analysts said, will be the addition of Coherent’s microelectronics business. That segment generated more…READ MORE