Lumentum to acquire optical components company Oclaro for $1.8bn
California-based optics technology company Lumentum has agreed to acquire optical components company Oclaro for about $1.8 billion in a cash and stock deal. Lumentum, is essentially a telecommunications equipment company, that manufactures optical and photonic products for optical networking and commercial laser customers across the world. Lumentum acquisition of Oclaro is expected to help the […]