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Lumentum Holdings Inc. has entered into a definitive agreement to acquire Coherent, Inc. in a cash and stock transaction valued at $5.7 billion, uniting their photonics and laser businesses.
“The combination unites Coherent's leading photonics and lasers businesses, including in the Microelectronics, Precision Manufacturing, Instrumentation, and Aerospace & Defense markets, with Lumentum's leading Telecom, Datacom, and 3D Sensing photonics businesses.”sec.gov
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