NeoPhotonics shareholders approve acquisition by Lumentum

NeoPhotonics stockholders approved the merger agreement under which Lumentum Holdings will acquire NeoPhotonics for $16.00 per share, representing a total equity value of approximately $918 million. The transaction is expected to close in the second half of 2022.

“With NeoPhotonics, we’re making another important investment in better serving our customers and expanding our photonics capabilities at a time when photonics are at the forefront of favorable long-term market trends.”convergedigest.com

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• convergedigest.comNeoPhotonics shareholders approve acquisition by Lumentum - Converge DigestEditorial responsibilityFeb 1, 2022

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