# 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.

- Type: Acquisition
- Announced: 2022-02-01
- Where: United States
- Value: $918.0M
- Status: announced
- Products: tunable lasers, optoelectronic components, coherent transceivers, wavelength management products
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Lumentum](https://endata.com/companies/14950.md) (acquirer)
- [NeoPhotonics](https://endata.com/companies/60752.md) (target)

## Sources

- [convergedigest.com](https://convergedigest.com/neophotonics-shareholders-approve/), 2022-02-01: "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."

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