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II-VI Incorporated Offers to Acquire Coherent for $260 per Share


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
II-VI Incorporated Offers to Acquire Coherent for $260 per Share
II-VI IncorporatedFebruary 12, 2021 GMT
Combination would establish global leader in photonic solutions, compound semiconductors, and laser technology and systems
II-VI proposal represents 24.0% premium over implied value of Lumentum transaction and 9.8% premium over implied value of MKS Instruments’ acquisition proposal
$200 million of run-rate cost synergies expected to be realized within 36 months of closing
Anticipated to be accretive to non-GAAP EPS in the second year following closing
PITTSBURGH, Pa., Feb. 12, 2021 (GLOBE NEWSWIRE) II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today announced it has made an offer to acquire Coherent, Inc. (Nasdaq: COHR), a global laser technology leader, in a cash and stock transaction. Under ....

United States , Rosen Katz , Vincentd Mattera Jr , Mary Jane Raymond , Santa Clara , David Isaacs , Jp Morgan Securities , Allen Company , Company Superior Proposal , Lumentum Holdings Inc , Company Annual Report On Form , Instruments Inc , Globe Newswire Incorporated Nasdaq , Coherent Inc , Sard Verbinnen Co , Chief Executive Officer , Bain Capital , Lumentum Holdings , Current Merger , Current Merger Agreement , Securities Litigation Reform Act , Annual Report , Products And Services , New Products And Services , Ownership Changes , Sec Filings ,

StairBusters Joins Lifeway Mobility


Press release content from PR Newswire. The AP news staff was not involved in its creation.
StairBusters Joins Lifeway Mobility
February 2, 2021 GMT
PITTSBURGH, Feb. 2, 2021 /PRNewswire/ Lifeway Mobility is pleased to announce that it has invested in the assets of Accessible Home Automations, LLC, doing business as StairBusters.com, which has been a leading provider of accessibility solutions for people with mobility challenges throughout Western Pennsylvania for over 20 years.
StairBusters is a certified dealer of stairlifts, wheelchair lifts, residential elevators, ramps, overhead lifts and bath safety equipment that improves their clients’ wellbeing and independence. In addition to offering affordable consumer financing and rental programs, they are a participating provider in various Veterans Administration, state, county and agency funding programs. To learn more about StairBusters, visit www.stairbusters.com. ....

New York , United States , New Hampshire , Rhode Island , West Virginia , Paul Bergantino , Randy Jr , Accessible Home Automations , Veterans Administration , Western Pennsylvania , Mobility President Paul Bergantino , Lifeway Mobility , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , புதியது ஹாம்ப்ஷயர் , ரோட் தீவு , மேற்கு வர்ஜீனியா , பால் பெர்கன்டினோ , ஆண்டி ஜூனியர் , அணுக்கத்தக்க செவ்வியுடைய வீடு ஆட்டோமேஷன்கள் , மேற்கு பென்சில்வேனியா , இயக்கம் ப்ரெஸிடெஂட் பால் பெர்கன்டினோ , வாழ்நாள் இயக்கம் ,

II-VI Incorporated Wins Fujitsu Supply Chain Excellence Award 2020


II-VI Incorporated Wins Fujitsu Supply Chain Excellence Award 2020
PITTSBURGH, Feb. 03, 2021 (GLOBE NEWSWIRE) II‐VI Incorporated (Nasdaq: IIVI), a leading supplier of transceivers, today announced that it received the Supply Chain Excellence Award 2020 from Fujitsu Network Communications Inc. at its virtual Supplier Appreciation Day held on January 14, 2021. II-VI was honored by Fujitsu in recognition of its excellent overall performance, including achievement of 100% on-time delivery.
“II-VI is proud to receive this recognition from Fujitsu and would like to thank our operations teams for their dedication to excellence that made it possible,” said Dr. Lee Xu, Sr. Vice President, Transceivers Business Unit. “The award is a strong demonstration of our ability to leverage our vertical integration and global supply chain management to deliver advanced transceivers at scale to a world-class equipment manufacturer that demands superior quality.” ....

United States , Mark Lourie , Fujitsu Network Communications Inc , Corporate Communications , Vi Incorporated Nasdaq , Supply Chain Excellence Award , Fujitsu Network Communications , Supplier Appreciation Day , Vice President , Transceivers Business , Fibre Channel , ஒன்றுபட்டது மாநிலங்களில் , குறி லூரி , ஃப்யூஜிட்ஸு வலைப்பின்னல் தகவல்தொடர்புகள் இன்க் , பெருநிறுவன தகவல்தொடர்புகள் , வி இணைக்கப்பட்டது நாஸ்டாக் , விநியோகி சங்கிலி சிறப்பானது விருது , ஃப்யூஜிட்ஸு வலைப்பின்னல் தகவல்தொடர்புகள் , சப்ளையர் பாராட்டு நாள் , துணை ப்ரெஸிடெஂட் , ஃபைபர் சேனல் ,

Five new breweries to try in and around Pittsburgh


Photo: Courtesy of Mystic Trail Brewing
2020 was a big year for Pittsburgh beer. Existing breweries were forced to close their taprooms and implement, if they hadn’t already, online ordering systems. They mastered the art of online can releases, opened outdoor beer gardens, and collaborated with other breweries, giving support to social justice movements and industry folks in need across the state and globe.
And, even in the middle of a pandemic, the Pittsburgh beer scene continued to grow.
Pittsburgh City Paper has compiled a list of five breweries that opened their doors in 2020. Find yourself a new brew at one of these spots in and around the city, and keep an eye out in 2021 there’s more openings to come. ....

United States , Waterdam Plaza , Carribean Tiger Amber , Peake Saison , Acclamation Brewing Co , Genius Brewing Co , Truss Brewing Company , Mystic Trail Brewing , City Paper , Acclamation Brewing , Inner Groove , Very Local Pittsburgh , Wicked Smaht , New England , Trail Brewing , Mastic Trail Brewing , Davey Jones Locker , Carribean Tiger Amber Ale , Peters Township , ஒன்றுபட்டது மாநிலங்களில் , காட்டு மரம் , கரீபியன் புலி அம்பர் , உச்சம் சைசன் , மேதை காய்ச்சுதல் இணை , டிரஸ் காய்ச்சுதல் நிறுவனம் , மிஸ்டிக் பாதை காய்ச்சுதல் ,

Coherent and II-VI to Jointly Supply Turnkey Automotive and Electrification Welding Solutions


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SANTA CLARA, Calif., Dec. 16, 2020 /PRNewswire/  Coherent (NASDAQ:COHR), and II–VI Incorporated (NASDAQ:IIVI) today announced that they have entered into a supply agreement creating a collaboration to enable faster process development and streamlined production services for automotive laser welding applications. These include high-strength alloy welding for automotive body-in-white applications and mass production copper welding for electrification applications. Specifically, the combination of II-VI s advanced laser processing heads and the Coherent Adjustable Ring Mode (ARM) fiber laser technology delivers power adjustment and beam positioning on the fly to produce optimal welds with the highest quality at a very high speed and over large working areas, increasing the efficiency and decreasing the cost of ownership. ....

United States , Karlheinz Gulden , Jarno Kangastupa , Coherent Inc , Vi Incorporated , Coherent Adjustable Ring Mode , Managing Director , High Power Fiber Lasers Business Unit , Senior Vice President , Laser Devices , Systems Business Unit , Nasdaq Global Select Market , ஒன்றுபட்டது மாநிலங்களில் , வி இணைக்கப்பட்டது , நிர்வகித்தல் இயக்குனர் , உயர் பவர் ஃபைபர் ஒளிக்கதிர்கள் வணிக அலகு , மூத்தவர் துணை ப்ரெஸிடெஂட் , லேசர் சாதனங்கள் , அமைப்புகள் வணிக அலகு , நாஸ்டாக் உலகளாவிய தேர்ந்தெடுக்கவும் சந்தை ,