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Lumentum to buy Cloud Light for $750 million as demand for cloud-based solutions rises

Published: October 30, 2023

(Reuters) - Lumentum Holdings said on Monday it would buy Hong Kong-based Cloud Light Technology for about $750 million, as the networking equipment m...

Source: 933thedrive.com

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Shilpi MajumdarArsheeya BajwaHong Cloud Light TechnologyLumentum HoldingsHong Kong Based Cloud Light TechnologyCloud Light

Lumentum to Acquire Cloud Light Technology in a $750 mn Deal to Fuel Cloud Computing Expansion

Published: October 30, 2023

Lumentum Holdings, a player in the networking equipment industry, will acquire Hong Kong-based Cloud Light Technology for $750 million

Source: infotechlead.com

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United StatesHong Cloud Light TechnologyLumentum HoldingsCloud Light TechnologyHong Kong Based Cloud Light TechnologyIflight Technology