Lumentum Holdings

NEWS

Lumentum acquires outstanding Oclaro common stock in $1.8 billion agreement

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. 
 

PRODUCT

Lumentum unveils Trueflex Nano small form factor WSS

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.

Feature

Six months after it became mandatory for copper and fibre cables supplied to EU/EEA member states to comply with the Construction Product Regulation and carry CE marking, Keely Portway asks what, if any, effect this has had on cable suppliers

Feature

To continue growing data traffic, optical scientists are tackling tough questions about nonlinear effects in optical fibre, discovers Andy Extance 

Feature

January of this year saw Jerry Rawls step down as chief executive of Finisar, a company he had grown from obscurity to worldwide success. He talks to Rebecca Pool about building his empire, the firm’s new CEO and a future that could include Oclaro*