October 22, 2021

CHICAGO PIXELS

SEMICONDUCTOR RESEARCH CENTER

Lumentum raises Coherent acquisition offer to $6.9bn

Lumentum Holdings Inc of San Jose, CA (which designs and makes photonic products for optical networks and lasers in industrial and consumer markets) has delivered a revised proposal to acquire Coherent Inc of Santa Clara, CA (which provides lasers and laser-based technology for scientific, commercial and industrial applications) in a cash and stock transaction valued at $6.9bn…