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General

Lumentum agrees Coherent takeover for USD 5.7 billion in cash and shares

Tuesday 19 January 2021 | 13:55 CET | News
Lumentum announced an agreement to acquire photonics and lasers group Coherent for USD 5.7 billion in cash and shares. The deal expands its portfolio beyond the core telecom business to target new industries such as microelectronics, precision manufacturing, instrumentation, and the aerospace and defense markets.

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Categories: General
Companies: Lumentum
Countries: World
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