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For Lumentum, Coherent Acquisition Is Timely, Complementary, Analysts Say

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JAKE SALTZMAN, NEWS EDITOR
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SAN JOSE, Calif., Jan. 27, 2021 — Following Lumentum’s $5.7 billion acquisition of laser pioneer Coherent last week, analysts speaking to Photonics Media said the deal is poised to accelerate Lumentum’s presence in the telecom/datacom and 3D sensing sectors in which it already occupies positions of prominence. The acquisition also charts a course for Lumentum to bolster its relevance in areas to which its present business is tangential; Coherent’s established footprints in the precision manufacturing and scientific and medical instrumentation markets add immediate diversification to Lumentum’s core...Read full article

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    Published: January 2021
    Glossary
    annealing
    The process of heating and slowly cooling a solid material, like glass or metal, to stabilize its thermal, electrical or optical properties or, as in semiconductor materials, to reverse lattice damage resulting from ion implantation of dopants.
    directed energy
    Directed energy refers to a type of energy that is emitted and transferred in a controlled direction. The term is often associated with military and technological applications where energy, typically in the form of electromagnetic radiation, is focused and directed toward a specific target. Directed energy systems can take various forms, including lasers and high-power microwaves. The key characteristic is the intentional concentration of energy to achieve a desired effect on a target. In...
    BusinessacquisitionsLumentumCoherentsemiconductorsOLEDsmicroLEDsmedicalscientificlife sciencesLasersannealingmanufacturingAlan LoweAndy Mattesanalystsindustry analystslaser analystsmarket analystsmicroelectronicsDirected Energy

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