US-based Lumentum, a designer and manufacturer of innovative optical and photonic products, has announced that it is acquiring Coherent for around $5.7 billion. The two companies will merge to create a unified laser and photonics company.
Coherent is a leading supplier of ELA equipment for OLED production and in recent years the company reported a surge in system orders for flexible AMOLED production.
Posted: Jan 19,2021 by Ron Mertens
