# II-VI makes superior bid to acquire Coherent

Coherent has received an unsolicited acquisition bid from II-VI that is superior to the $5.7 billion offer from Lumentum.

- Type: Acquisition
- Announced: 2021-03-08
- Value: $6.50B
- Status: announced
- Products: photonics and laser components
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Lumentum](https://endata.com/companies/14950.md) (acquirer)
- [Coherent](https://endata.com/companies/32127.md) (target)
- [II-VI Incorporated](https://endata.com/companies/35405.md) (acquirer)

## Sources

- [telecompaper.com](https://www.telecompaper.com/news/coherent-receives-new-takeover-offer-from-ii-vi-beating-lumen-bid--1375045), 2021-03-08: "Coherent said it has received an acquisition bid that is superior to the USD 5.7 billion offer from Lumentum."
- [globenewswire.com](https://www.globenewswire.com/news-release/2021/03/25/2199302/11543/en/ii-vi-incorporated-to-acquire-coherent-creating-global-leader-in-photonic-solutions-compound-semiconductors-and-laser-technology-and-systems.html), 2021-03-25: "II-VI Incorporated today announced that it is entering into a definitive agreement with Coherent, Inc. under which II-VI will acquire all outstanding Coherent shares in a cash and stock transaction."

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