# II-VI to acquire Finisar for $3.2 billion

II-VI Incorporated has agreed to acquire Finisar Corporation in a cash and stock transaction valued at approximately $3.2 billion. The transaction is expected to close in mid-2019.

- Type: Acquisition
- Announced: 2018-11-09
- Where: United States
- Value: $3.20B
- Status: announced
- Products: optical communications components, photonics, compound semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Finisar](https://endata.com/companies/18788.md) (target)
- [II-VI Incorporated](https://endata.com/companies/35405.md) (acquirer)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/1094739/000110465918067124/a18-39922_1ex99d1.htm), 2018-11-09: "The combination of II-VI and Finisar would unite two innovative, industry leaders with complementary capabilities and cultures."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/820318/000119312518323038/d650011dex991.htm), 2018-11-09: "II-VI Incorporated will acquire Finisar in a cash and stock transaction with an equity value of approximately $3.2 billion."
- [omm.com](https://www.omm.com/news/press-releases/o-melveny-represents-finisar-in-us-32-billion-agreement-to-be-acquired-by-ii-vi-incorporated/), 2018-11-09: "II-VI Incorporated will acquire the company in a cash and stock transaction valued at approximately US $3.2 billion."
- [bloomberg.com](https://www.bloomberg.com/news/articles/2018-11-09/ii-vi-to-buy-finisar-in-laser-optic-deal-valued-at-3-2-billion), 2018-11-09: "II-VI Inc. agreed to buy Apple Inc. supplier Finisar Corp. for $3.2 billion in cash and stock, bringing together two firms focused on semiconductor lasers and optics."
- [electrooptics.com](https://www.electrooptics.com/news/ii-vi-acquire-finisar-32bn), 2018-11-09: "Disruptive megatrends driven by innovative uses of lasers and other engineered materials present huge growth opportunities for both of our companies."
- [optica-opn.org](https://www.optica-opn.org/home/industry/2018/november/a_photonics_megamerger/), 2018-11-14: "The deal, expected to be completed in the middle of calendar 2019, would create what could be the world’s largest publicly traded company involved principally in photonic technologies."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.