- Acquisitions in the laser industry occur frequently and we can learn from the past to make assumptions about II-VI's success to turn their largest acquisition yet into a success.
- We look at the industry's revenue, EBITDA, and operating margins and how they behaved and how the acquisitions influenced them.
- II-VI paid a high price for Coherent and is now the largest pure-play laser company in the industry.
- II-VI is now the largest pure-play laser company in the industry by market capitalization and revenue. They added display manufacturing capabilities to their portfolio but I expect only mediocre growth in this segment.
For further details see:
II-VI: The Largest Pure-Play Laser Company In The Industry Has To Digest A Lot