Lumentum has entered into an agreement with passive optical component supplier, Advanced Fiber Resources (AFR) where the latter will acquire certain assets from the former.
Lumentum and Cambridge Industries USA have entered into a strategic partnership.
Lumentum introduced, at ECOC, a next-generation contentionless MxN Wavelength Selective Switch (WSS), the TrueFlex Twin 8x24, adding to the company's portfolio of ROADM solutions.
LightCounting has released its June 2018 Quarterly Market Update Report. Amongst the key findings, the specialist market research company cites ZTE as ‘an early casualty of the unfolding trade war’ and warns that some sales will be impacted in Q2 of 2018.
Lumentum Holdings and Oclaro have reached an agreement, on which the former will acquire all of the outstanding common stock of the latter.
For each share of Oclaro stock held, The holder will be entitled to receive $5.60 in cash and 0.0636 of a share of Lumentum common stock, subject to the terms. The transaction values Oclaro at $9.99per share or approximately $1.8 billion in equity value, based on the closing price of Lumentum's stock on 9 March 2018.
Lumentum has added a small form factor TrueFlex Nano 1x9 wavelength-selective switch (WSS) to its portfolio for reconfigurable optical add-drop multiplexer (ROADM) applications.
Thinner than its predecessor, the new TrueFlex Nano 1x9 WSS is small enough to fit into a single-slot line card in optical networking systems. This next-generation device is 42 per cent smaller than conventional products and requires less operating power, the company claims.
The plans for an economic recovery will undoubtedly need vast levels of public and private investment.
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