# CIG to acquire certain optical transceiver product lines from Lumentum

Lumentum agreed to sell certain optical transceiver product lines developed by its subsidiary Oclaro Japan to Cambridge Industries Group (CIG). The transaction includes a long-term strategic supply agreement for Lumentum's photonic chips and is expected to close in Q2 2019.

- Type: Acquisition
- Announced: 2019-03-04
- Where: Japan
- Status: announced
- Products: optical transceivers, photonic chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Lumentum](https://endata.com/companies/14950.md)
- [Cambridge Industries Group](https://endata.com/companies/37757.md) (acquirer)
- [Oclaro Japan, Inc.](https://endata.com/companies/37758.md) (target)

## Sources

- [investor.lumentum.com](https://investor.lumentum.com/financial-news-releases/news-details/2019/Lumentum-To-Sell-Certain-Optical-Transceiver-Product-Lines-To-CIG-2019-3-4/default.aspx), 2019-03-04: "This transaction enables Lumentum to become more commercially focused on its differentiated Indium Phosphide photonic chip capabilities and brings a new customer that is well positioned to compete in the datacom transceiver market."

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