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Lumentum Holdings Inc. (NASDAQ: LITE) (“Lumentum”) today announced that it has completed its previously announced acquisition of Cloud Light Technolog ...
Lumentum Holdings said on Monday it would buy Hong Kong-based Cloud Light Technology for about $750 million, as the networking equipment maker looks to capitalize on growing demand for cloud ...
Diverse photonics technologies company Lumentum is to acquire Hong Kong-headquarterd Cloud Light, which makes fiber optic equipment and automotive sensors, in a transaction valued at $750 million, ...
Lumentum (NASDAQ:LITE) is acquiring Cloud Light Technology in a deal valued at about $750M. The acquisition is expected to accelerate Lumentum's push into the fast growing segments of optical ...
Lumentum Holdings Inc. today announced that it has completed its previously announced acquisition of Cloud Light Technology Limited. "I am excited to add Cloud Light’ s high-speed optical ...
Cloud Light, which makes fiber optic equipment and automotive sensors, is expected to expand Lumentum's opportunities in the cloud data center and networking infrastructure space.
“Complementary combination” positions Lumentum as a leader in cloud operations. Diverse photonics technologies company Lumentum is to acquire Hong Kong-headquarterd Cloud Light, which makes fiber ...
SAN JOSE, Calif., November 07, 2023--Lumentum Holdings Inc. (NASDAQ: LITE) ("Lumentum") today announced that it has completed its previously announced acquisition of Cloud Light Technology Limited ...
Shares of the California-based company were up nearly 7% in premarket trading. Cloud Light, which makes fiber optic equipment and automotive sensors, is expected to expand Lumentum's opportunities in ...
(Reuters) - Lumentum Holdings said on Monday it would buy Hong Kong-based Cloud Light Technology for about $750 million, as the networking equipment maker looks to capitalize on growing demand for ...
Under terms of the merger agreement, Lumentum acquired Cloud Light with a transaction value of approximately $750 million, before certain adjustments. The transaction consideration was paid in cash ...