Previous 10 | Next 10 |
PITTSBURGH, April 20, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in optical components, modules, and subsystems, today announced that its pluggable optical line subsystem (POLS) platform and WaveShaper® instrument received high ratings during the 2021 A...
Merger activity increased last week with six new deals announced. $50 billion worth of deals announced in a single week. Thermo Fisher Scientific to acquire PPD Inc. For further details see: Merger Arbitrage Mondays - Microsoft's Acquisition Of Nuance Offers A 5% Spread ...
II‐VI Incorporated (IIVI) expands its silicon carbide ('SiC') wafer finishing manufacturing footprint in China to serve the largest worldwide market for electric vehicles and for clean energy applications.To meet the market demand in Asia, II-VI established a backend processing line fo...
The bidding war for Coherent has pushed it to the high end of fair valuation as a standalone company. The merger with II-VI should not create anticompetitive conditions. I am betting it will close as planned by year-end 2021. The traditional merger arb trade (long COHR, short IIVI...
Genworth Financial finally terminates its deal with China Oceanwide. Tribune Publishing Company receives a revised, non-binding proposal from Newslight. Leaf Group to be acquired by Graham Holdings Company. For further details see: Merger Arbitrage Mondays - Leaf Group A...
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 acquisit...
Sure, 5G might be one of the most-hyped technologies ever. People have been talking about it for years, yet where are all of these mind-blowing, revolutionary applications? Well, with the recent unveiling of the first 5G iPhone, along with December's FCC wireless spectrum auction, the 5G ...
Declining SPAC IPOs could indicate the SPAC bubble may have run its course. Brookfield Asset Management agrees to acquire Brookfield Property Partners after increasing its bid by 10%. Aggregate deal value in a highly competitive M&A space approaches $600 billion in Q1 202...
Photonics is at the core of the internet and Lumentum's technical expertise is required like never before. Lumentum was an engineering company with focus on R&D. Sales & Marketing was neglected. This is about to change. ROADMs, wave-selective switches, and photonics chips ...
The market never likes it when a company engages in a bidding war. Case in point: the massive 35% haircut laser photonics-maker II-VI (NASDAQ: IIVI) has taken since Feb. 11. That's when it hit all-time highs; the following day, it made a massive acquisition bid for photonics rival ...
News, Short Squeeze, Breakout and More Instantly...
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...