Lumentum Debuts as an Independent Publicly Traded Company Following Completion of Its Spinoff From JDSU

Date Announced: 03 Aug 2015

Industry leader in optical communications and commercial lasers emerges from JDSU.

MILPITAS, Calif., Aug. 3, 2015 -- Lumentum Holdings Inc. ("Lumentum") today announced that it completed the spinoff from JDSU and initiated operations as an independent, publicly-traded company on August 1, 2015. Formerly JDSU's Communications and Commercial Optical Product ("CCOP") business segment, Lumentum will commence "regular-way" trading on NASDAQ under the ticker symbol LITE on August 4, 2015.

"We are excited to begin our journey as an independent, publicly-traded company," said Alan Lowe, Lumentum's president and chief executive officer. "With a more focused and agile structure, we believe that we are well positioned to capitalize on the growth opportunities in both the communications and commercial lasers markets. As an established technology and industry leader, we look forward to delivering value to our customers and shareholders."

Source: Lumentum

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