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December 4, 2023
The company closed its $69 billion acquisition of VMware and has started the process of integrating the companies.
November 16, 2023
Combined Series A and seed funding rises to $56M, with investment from new blue-chip partners.
November 8, 2023
Revenue Declines as Company Navigates Market Challenges; Non-GAAP Earnings Per Share Beat Guidance
October 30, 2023
Combination expected to deliver a more than five-fold expansion in Lumentum’s cloud intra-data center served opportunity Served opportunity expected to grow at over 30% CAGR through 2028,...
October 30, 2023
By Denny Jacob Lumentum Holdings shares jumped 14% to $41.01 on Monday the following news it would acquire optical modules manufacturer Cloud Light...
October 30, 2023
Lumentum Holdings Inc. (LITE) announced on Monday that it will acquire Cloud Light Technology Limited for a transaction value of approximately $750 million. This acquisition is expected to accelerate Lumentum's penetration into the fastest-growing segments of the multibillion-dollar opportunity for optical modules utilized in cloud computing data center infrastructure.
October 30, 2023
Cloud Light: Cloud computing providers such as Amazon.com, Microsoft and Alphabets Google are all racing to adapt their massive data centers for an era in which chatbots and other AI-backed services are drawing several users.
October 30, 2023
Lumentum Holdings, a player in the networking equipment industry, will acquire Hong Kong-based Cloud Light Technology for $750 million
June 13, 2022
June 07, 2022 10:00 AM Eastern Daylight Time MONROVIA, Calif. & HONG KONG--(BUSINESS WIRE)--Silicon photonics market leader SiLC Technologies, Inc. (SiLC) today announced a manufacturing partnership with Cloud Light Technology Limited (Cloud Light), a leading manufacturer of advanced optical modules for automotive and datacenter interconnect applications. Cloud Light will deliver volume manufacturing of SiLC’s Eyeonic™ Vision Sensors, which take LiDAR…
June 9, 2022
Silicon photonics market leader SiLC Technologies, Inc. (SiLC) today announced a manufacturing partnership with Cloud Light Technology Limited (Cloud...