lumentum news release
Download the PDF 03/23/2021 For Immediate Release: COHERENT CONFIRMS RECEIPT OF NEW ACQUISITION PROPOSAL FROM LUMENTUM SANTA CLARA, CA, March 23, 2021 – Coherent, Inc. (NASDAQ: COHR) today announced that it has received a new acquisition proposal from Lumentum Holdings Inc. … News Release: Lightwave honored Lumentum with the Innovation Award for our 100G PAM4 Uncooled EMLs for next-generation #datacenters! Lumentum’s new proposal follows Coherent’s announcement on March 18, 2021 that it had received a revised acquisition proposal from II-VI Incorporated (NASDAQ: IIVI) on March 17, 2021, which the Coherent board of directors determined to be both a “Company Superior Proposal” under Coherent’s March 9, 2021 merger agreement with Lumentum and also superior to a revised acquisition proposal Coherent also received from Lumentum … Lumentum (NASDAQ: LITE) is a major designer and manufacturer of innovative optical and photonic products enabling optical networking and laser applications worldwide. The Lumentum press release is available at http://investor.lumentum.com. Lumentum’s offer consisted of $230 in cash and 0.6724 shares of Lumentum stock for each share of Coherent. Investor News Releases. Under the terms of the revised merger agreement, each share of Coherent common stock will be exchanged for … SANTA CLARA, CA, March 17, 2021 – Coherent, Inc. (NASDAQ: COHR) today announced that it has received a new acquisition proposal from Lumentum Holdings Inc. (NASDAQ: LITE). SANTA CLARA, CA, March 10, 2021 – Coherent, Inc. (NASDAQ: COHR) today announced that it has entered into a revised merger agreement with Lumentum Holdings Inc. (NASDAQ: LITE). SAN JOSE, Calif., and ALBUQUERQUE, N.M., Nov. 16, 2020 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") (Nasdaq: LITE) and TriLumina Corporation ("TriLumina") today announced that Lumentum has acquired certain technology assets of TriLumina, including its patents and other intellectual property. SAN JOSE, Calif., and MENLO PARK, Calif., March 17, 2021 /PRNewswire/ -- Lumentum Holdings Inc. (“Lumentum”) today confirmed that on March 17, 2021, it delivered to Coherent, Inc.’s (Nasdaq: COHR) Board of Directors a revised proposal to acquire Coherent in a cash and stock transaction valued at $6.9 billion. II-VI’s offer consisted of $220 in cash and 0.9100 shares of II-VI for each share of Coherent. News Releases. SAN JOSE, Calif., March 25, 2021 /PRNewswire/ -- Lumentum Holdings Inc. (“Lumentum”) today announced that Coherent, Inc. (NASDAQ: COHR) (“Coherent”) has provided notice of termination of the previously announced amended definitive merger agreement with Lumentum entered into on March 9, 2021. Lumentum is headquartered in San Jose, California with R&D, manufacturing, and sales offices worldwide. The Coherent press release is available at http://investors.coherent.com. Lumentum noted Coherent’s Board of Directors chose to accept an offer that is inferior in overall value and cash consideration. Optical Transport and Data Center Interconnects, Lumentum Receives Notice of Termination of Coherent Merger Agreement, Lumentum Honored by 2021 Lightwave Innovation Reviews, Lumentum Announces Revised Proposal for Coherent, Lumentum Comments on Notification from Coherent of a Company Superior Proposal, Lumentum Announces Amended Transaction Agreement with Coherent, Lumentum Announces Five and Six Junction VCSEL Array Products For Advanced Consumer, Automotive, and Other 3D Sensing Applications, Lumentum to Present Innovative 3D Sensing and Laser Solutions at Three Upcoming Trade Shows and Virtual Events, Lumentum to Participate in Upcoming Investor Events, Lumentum's San José headquarters is now powered by TotalGreen, 100% renewable energy, Lumentum Highlights Misleading Statements by MKS Instruments in Proposal to Acquire Coherent, Lumentum Comments on Proposal by MKS Instruments to Acquire Coherent, Lumentum Announces Fiscal Second Quarter 2021 Financial Results, Lumentum to Participate in the Goldman Sachs 2021 Virtual Technology and Internet Conference, Lumentum To Announce Fiscal Second Quarter 2021 Financial Results on February 2, 2021, Lumentum Provides Preliminary Fiscal Second Quarter 2021 Financial Results, Lumentum And Coherent To Combine, Uniting Global Industry Leaders To Accelerate The Future Of Photonics. SAN JOSE, Calif., Feb. 2, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum" or the "Company") today reported results for its fiscal second quarter of 2021 ended December 26, 2020. Using the closing prices as of March 24, 2021, Lumentum’s offer had a value of $283.12 while the value of II–VI Incorporated’s (NASDAQ: IIVI) (“II-VI”) offer was $281.21. Lumentum . News Release . Deutsche Bank is serving as the exclusive financial advisor to Lumentum and Wilson Sonsini Goodrich & Rosati is serving as legal advisor. Net revenue for the fiscal first quarter of 2021 was $452.4 million, with GAAP net income of $67.1 million, or $0.86 per diluted share. Net revenue for the fiscal second quarter of 2021 was $478.8 million, with GAAP net … Lumentum believes this non-GAAP financial information provides additional insight into the Company's on-going performance and has therefore chosen to provide this information to investors for a more consistent basis of comparison and to help … SAN JOSE, Calif. (February 12, 2021) - Today Lumentum Holdings Inc. (Lumentum), an industry-leading designer and manufacturer of innovative optical and photonic products, announced that their San José headquarters is now powered by San José Clean Energy's (SJCE) 100% … Lumentum’s San José headquarters is now powered by … Pursuant to the terms of the definitive merger agreement, Coherent is required to pay a $217.6 million termination fee to Lumentum. SAN JOSE, Calif., March 23, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today confirmed that on March 22, 2021, it delivered to Coherent, Inc.'s (Nasdaq: COHR) Board of Directors a revised proposal to acquire Coherent in a cash and stock transaction. SAN JOSE, Calif., March 25, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced that Coherent, Inc. (NASDAQ: COHR) ("Coherent") has provided notice of termination of the previously announced amended definitive merger agreement with Lumentum entered into on March 9, 2021. Net revenue for the fiscal fourth quarter of 2020 was $368.1 million, with GAAP net loss of … Under the terms of the revised proposal, Coherent stockholders would receive $220.00 per share in cash and 0.6100 shares of Lumentum … In this press release, Lumentum provides investors business outlook for gross margin, operating margin, and net income (loss) per share on a non-GAAP basis. About Lumentum. Get the latest Lumentum Holdings Inc. (LITE) stock news and headlines to help you in your trading and investing decisions. SAN JOSE, Calif., Nov. 2, 2020 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum" or the "Company") today reported results for its fiscal first quarter of 2021 ended September 26, 2020. Coherent Confirms Receipt of New Acquisition Proposal from Lumentum. Under the terms of Lumentum’s new proposal, each share of Coherent common stock would be exchanged for … SAN JOSE, Calif., March 10, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced an amendment to the previously announced definitive agreement between Lumentum … ET Lumentum optical components and subsystems are part of virtually every type of telecom, enterprise, and data center network. Lumentum’s and Coherent’s Preliminary Financial Results In separate press releases issued today, Lumentum and Coherent announced preliminary financial results for their second quarter fiscal 2021 and first quarter fiscal 2021, respectively. SAN JOSE, Calif., March 25, 2021 /PRNewswire/ -- Lumentum Holdings Inc. (“Lumentum”) today announced that Coherent, Inc. (NASDAQ: COHR) (“Coherent”) has provided notice of termination of the previously announced amended definitive merger agreement with Lumentum entered into on March 9, 2021. Lumentum Holdings Inc. ("Lumentum") today confirmed that on March 22, 2021, it delivered to Coherent, Inc.'s (Nasdaq: COHR) Board of Directors a … NEWS RELEASE LUMENTUM PROVIDES PRELIMINARY FISCAL SECOND QUARTER 2021 FINANCIAL RESULTS San Jose, Calif., January 19, 2021 – Lumentum Holdings Inc. (“Lumentum” or the “Company”) today reported preliminary results for its fiscal second quarter of 2021 ended December 26, 2020. The Lumentum … Pursuant to the terms of the definitive merger agreement, Coherent is required to pay a $217.6 … SAN JOSE, Calif., Feb. 2, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum" or the "Company") today reported results for its scal second quarter of 2021 ended December 26, 2020. NEWS RELEASE filed by Lumentum Holdings Inc. on May 7th, 2019 News; Press Releases; Investor Relations; Supplier Compliance < Back to Press Releases. The AP news staff was not involved in its creation. March 3, 2021. Press release content from PR Newswire. Silver Lake to Make a $1 Billion Equity Investment in the Combined Company Lumentum Holdings Inc. ("Lumentum") today confirmed that on March 17, 2021, it delivered to Coherent, Inc.'s (Nasdaq: COHR) Board of Directors a revised proposal to acquire Coherent in a cash and stock transaction valued at $6.9 billion. Zachary Struyk, Assistant Director (408) 535-4868; zachary.struyk@sanjoseca.gov . March 2, 2021. NEWS RELEASE filed by Lumentum Holdings Inc. on August 8th, 2019 Investors: Jim Fanucchi, (408) 404-5400, investor.relations@lumentum.com Media: Eric Brielmann or Kelly Sullivan, Joele Frank, Wilkinson Brimmer Katcher, (212) 355-4449, View original content: http://www.prnewswire.com/news-releases/lumentum-receives-notice-of-termination-of-coherent-merger-agreement-301255629.html. Lumentum (NASDAQ: LITE) is a major designer and manufacturer of innovative optical and photonic products enabling optical networking and laser applications worldwide. Connect with the definitive source for global and local news, http://www.prnewswire.com/news-releases/lumentum-receives-notice-of-termination-of-coherent-merger-agreement-301255629.html. Coherent Signs Revised Merger Agreement With Lumentum. SAN JOSE, Calif., March 10, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced an amendment to the previously announced definitive agreement between Lumentum and Coherent, Inc. 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