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17 Mar 21
Lumentum raises Coherent offer to $6.9BN with private equity backing

Latest bid now includes $1 billion in support from investor Silver Lake.

17 Mar 21
Semiconductor equipment market set to reach new highs

Industry group SEMI predicts three straight years of record-breaking sales, with spending expected to top $80BN in 2022.

15 Mar 21
II-VI trumps Lumentum again in Coherent plot twist

Latest move in the ongoing merger saga gives Lumentum until March 17 to respond to ‘superior’ offer.

15 Mar 21
Aeva, Ouster stocks begin trading after SPAC mergers are completed

Lidar technology developers raise a combined $860 million as they finalize stock market transitions.

12 Mar 21
Effect Photonics raises $37M to develop single-chip coherent optics

First close of its Series C round, co-led by Smile Invest and existing investor Innovation Industries.

09 Mar 21
Lumentum raises Coherent bid after II-VI offer deemed 'superior'

Lumentum had been given March 11 deadline to revise its proposal as bidding war escalates. * see March 10 update

04 Mar 21
Lumibird to acquire Saab’s €10 million laser rangefinder business...

...while Active Silicon is acquired by fellow UK company Solid State for £6.3 million.

04 Mar 21
Renishaw for sale after founders offer up majority stake

UK-based metrology company provides a variety of optical encoders, spectroscopy tools, and additive manufacturing equipment.

02 Mar 21
Velodyne founder claims ‘boardroom ambush’

David Hall says dismissal of both him and wife Marta from lead roles suggests “internal power grab” at the lidar company.

26 Feb 21
Gooch & Housego announces positive trading update

Virtual AGM reports improved levels of industrial laser demand and further streamlining of manufacturing.

25 Feb 21
€26M round to expand diffractive optics production at NIL Technology

New European Innovation Council Fund takes part in series B effort by Danish maker of optical components.

24 Feb 21
Universal Display powers to record sales on OLED boom

Long-standing developer of organic LED materials reaps financial rewards as the displays technology proliferates.

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