MKSI - II-VI Dives Into The Battle For Coherent And More Diversification
- II-VI has stepped up with its own bid for Coherent, valuing this photonics, lasers, and optics company at a premium to its underlying fundamentals.
- Coherent is a rare asset for II-VI and one that will expand not only served addressable markets (like aero/defense and life sciences), but add meaningful integration and synergy opportunities.
- II-VI trades with robust growth expectations, but there's still upside tied to telecom/datacom spending, 3D sensing, and silicon carbide demand growth.
For further details see:
II-VI Dives Into The Battle For Coherent And More Diversification