II-VI wins Coherent bidding war
Coherent has accepted II-VI's $7.01bn acquisition offer and will now be required to pay a $217.6 million termination fee to Lumentum
Coherent has accepted II-VI's $7.01bn acquisition offer and will now be required to pay a $217.6 million termination fee to Lumentum
Coherent is currently evaluating Lumentum's latest bid
Coherent determined that the II-VI offer is superior to the $6.6bn Lumentum offer accepted on Wednesday
Greg Blackman asks experts how fibre lasers developed between 2010 to 2020, as well as what advancements the future may hold for the technology
Adding to an initial $5.7bn offer from Lumentum and a $6bn offer from MKS Instruments
The proposal comes just weeks after Coherent accepted a $5.7bn acquisition offer from Lumentum.
Coherent's photonics and lasers businesses will be combined with Lumentum's telecom, datacom, and 3D sensing businesses
The collaboration will see II-VI's remote laser processing heads combined with Coherent’s Adjustable Ring Mode fibre laser technology.
Researchers are developing laser systems capable of cleaning ship hulls underwater
The EasyMark XL offers an expanded working range and longer focal lengths. Marking fields are now available up to 240mm x 240mm.