Coherent has today decided to accept II-VI's offer and will pay Lumentum the $217.6 million termination fee
News
Flexible solar film rolled out in Africa and India
The solar film is low-cost, light, easy to install and can be used off-grid
CEA-Leti's spectral imaging tech spots 94% of cancer cells
The label-free technology could eliminate sample preparation and therefore lead to greater automation in diagnostics
Harriot-Watt University and ASML partner on light sources for lithography
Heriot-Watt University and ASML are partnering to develop new optical metrology light sources for chip manufacturing
Rockley Photonics combines with SC Health Corp, becomes $1.2bn publicly trade company
The merger will accelerate the commercial launch of Rockley’s ‘clinic-on-the-wrist’ sensing technology
Lumentum and II-VI up bids to acquire Coherent
On 18 March, Coherent confirmed receipt of a revised acquisition proposal from II-VI. Lumentum now has until the end of the day to make a revised offer.
French photonics industry grows six times faster than manufacturing sector
Photonics companies in France have grown by 40 per cent in the last five years, six times faster than the manufacturing sector
Laser World of Photonics postponed until Spring 2022
The coinciding conference, World of Photonics Congress, will be held in a digital format on the original dates of 20–24 June
Z-Laser bought by Boston-based private equity firm
The manufacturer of laser sources and laser projectors will serve as the core and initial asset in Union Park’s newly-created holding company, Exaktera
Rockley Photonics raises further $65m for growth acceleration
The company has raised more than $290m of financing to date to develop its silicon photonics platform
Spectrecology acquired by Salvo Technologies
Spectrecology owner Mike Morris was the founder of Ocean Optics
Quantum holography technique set to advance imaging
The technique uses entangled photons to overcome the limitations of conventional holographic approaches