Home Lumentum to acquire Oclaro for USD 1.8 billion
 

Keywords :   


Lumentum to acquire Oclaro for USD 1.8 billion

2018-03-13 18:37:00| Telecompaper Headlines

(Telecompaper) Lumentum has agreed to buy Oclaro for USD 1.8 billion in order to expand in the fibre-optic components market. The offer of USD 9.99 per share is a 40 percent premium to Oclaro's average share price in the past month. 

Tags: usd billion acquire oclaro

Category:Telecommunications

Latest from this category

All news

18.01Netflix adds 8.8 mln subscribers in Q4, amid lower profit and record negative free cash flow
18.01Reliance Jio to boost 4G network reach to 1.3 billion Indians
18.01Netflix growth chills as International competitors gather momentum
18.01TIM issues profit warning as boardroom tensions flare
18.01Singtel and Ericsson launch live 5G test facility in Singapore
18.01VXFiber continues UK expansion with key strategic appointment
17.01IBM, Vodafone create JV to provide cloud, 5G and AI, ink deal worth USD 550 mln
17.01Amazon Web Services unveils AWS Backup service
Telecommunications »
18.01Expected Gains in Remodeling Spending to Slide Lower in 2019
18.01States follow Missouris lead on defining meat
18.01Reality Check: Has immigration hit wages?
18.01KGW: 'We start from the bottom and go up' - A look inside a major seismic retrofit
18.01Smithfield appoints new leadership, adds chief operating officer
18.01Outlook 2019 - What else can the apparel industry expect?
18.01WhistlePig sells minority stake to BDT Capital Partners
18.01Outdoor adventure star, leadership adviser to keynote at ONE19
More »