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PITTSBURGH, Feb. 26, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leading provider of precision optics for life sciences and optical networks, today announced that it will begin the expansion of its manufacturing footprint in Santa Rosa, California, with a plan to do...
PITTSBURGH, Feb. 25, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leading provider of semiconductor lasers and micro-optics for consumer electronics, today announced its vertical cavity surface emitting laser (VCSEL) flood illuminator modules for driver and occupancy...
II-VI Incorporated (IIVI), a leader in engineered materials and optoelectronic components, has seen its share price decline following its recent offer to acquire Coherent (COHR), a global laser technology major. IIVI is benefiting handsomely from its diversified product portfolio and its vari...
II-VI has made an unsolicited offer to buy Coherent. Coherent sells excimer lasers to Korea's AP Systems, which uses them to process LCD and OLED displays. Apple plans to use OLED displays in iPhone 13, made with laser anneal technology from AP Systems. Entry into the display ...
Coherent (COHR) is asking bidders MKS Instruments (MKSI) and II-VI (IIVI) to submit final bids by late next week, according to a Bloomberg report.MKS and II-VI are competing with Lumentum, which already inked a definitive deal with Coherent last month.No guarantee that MSKI or II-VI will subm...
PITTSBURGH, Feb. 22, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in engineered materials and laser optics, today announced the introduction of its ceramic YAG (yttrium aluminum garnet) platform for solid-state lasers and optical components. The grow...
Merger activity decreased last week with four new deals announced. The acquisition of Enable Midstream Partners by Energy Transfer. The acquisition of Tribune Publishing Company by Alden Golden Capital. For further details see: Merger Arbitrage Mondays - Consolidati...
PITTSBURGH, Feb. 18, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in laser technology and subsystems, today announced the introduction of its multi-wavelength laser module product line for life sciences. The rapidly growing number of photonics-based inst...
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), bu...
PITTSBURGH, Feb. 16, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in gallium arsenide (GaAs) optoelectronics, today announced the introduction of its 1060 nm seed laser in a 3-pin miniature package for pulsed fiber lasers in materials processing. The int...
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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...