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Through a series of strategic and successful acquisitions, II-VI has expanded its portfolio of materials and product platforms. II-VI's market drivers include 5G, EVs, cloud, advanced smartphone features, and compound semiconductors. A diverse list of customers include NEC, Cisco,...
PITTSBURGH, Jan. 26, 2021 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, announced today that the Company will hold a live webcast and conference call on Tuesday, February 9, 2021, at 9:00 a.m. EST. The webcast a...
Neophotonics (NPTN) could be the next takeout candidate in the industry after yesterday's agreement for Lumentum to buy Coherent.Neophotonics gained 9.7% yesterday (down 2.8% today) following the Coherent news and it rose 9.7% on Jan. 14 when Cisco (CSCO) agreed to a new deal w...
Earlier today, Lumentum (LITE) announced acquiring Coherent (COHR) in a cash and stock transaction valued at $5.7B. Lumentum said the merger would expand its penetration of the more than $10B market for lasers and photonics outside of communications and 3D sensing.Peers on the move ...
PITTSBURGH, Jan. 14, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leading supplier of optoelectronic devices and micro-optics, today announced that it was twice recognized at a recent industry awards ceremony in China. II-VI was ranked #3 in the category of ...
PITTSBURGH, Jan. 12, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in engineered materials and optoelectronic components, today announced that it will contribute $1,000,000 in unrestricted funds during 2021 to support the goals of the II-VI Foundation, a 501(c)...
PITTSBURGH, Jan. 08, 2021 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today announced that the Company will present at the following upcoming investor conference: 23 rd Annual Needham Growth ...
PITTSBURGH, Jan. 07, 2021 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today announced that the Company will present at the following upcoming investor conference: 19 th Annual J.P. Morgan T...
I'm sharing the year-end letter I wrote to family members and friends whose accounts I manage. In the second part of two, I break down our portfolio holdings to explain why they're in our portfolio. We have 24 US equity positions, 4 European equity positions, and a few short-term ...
Citing multiple growth drivers, Cowen names II-VI (IIVI) as one of its best 2021 ideas and maintains an Outperform rating and $86 price target.Analyst Paul Silverstein expects "a perfect storm of strong ramp of virtually every one of IIVI’s numerous significant, long- tailed ...
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PITTSBURGH, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will release its financial results for the quarter and fiscal year ended June 30, 2024, in a press release posted on Coherentȁ...
PITTSBURGH, July 25, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a key partner in the development of the Thirty Meter Telescope (TMT), is proud to announce the completion of its 100th polished mirror segment. This significant milestone was celebrated with a visit from TMT representative...
PITTSBURGH, June 12, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, proudly announces the shipment of its 300-millionth optical transceiver from its manufacturing facility in Ipoh, Malaysia. This significant milestone underscores the sc...