MKS’ Acquisition of Coherent Would Have Ripple Effect on Ultrafast Laser Sector - IDEX Health & ScienceIDEX Health & Science

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

    Article obtained from Photonics RSS Feed.

    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 offered by Lumentum ($6 billion versus $5.7 billion). In a letter to Coherent board members dated Feb. 4, MKS said it was delivering its offer after 12…

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    Feb, 11 2021 |

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