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Lumentum And Coherent To Combine, Uniting Global Industry Leaders To Accelerate The Future Of Photonics -- Lumentum to acquire Coherent in a $5.7 billion cash and stock transaction -- Brings together highly complementary, best-in-class portfolios and teams to accelerate photonic innovation, and significantly expands Lumentums penetration of the more than $10 billion market for lasers and photonics outside of communications and 3D sensing -- Expected to deliver more than $150 million in annual r...

News Wire Feed Light Reading 1/19/2021 SAN JOSE, California – Lumentum Holdings and Coherent today announced that they have entered into a definitive agreement under which Lumentum will acquire Coherent in a cash and stock transaction valued at $5.7 billion. Under the terms of the agreement, which has been unanimously approved by the Boards of Directors of both companies, Coherent stockholders will receive $100.00 per share in cash and 1.1851 sha...