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Optics tech firm Lumentum buys Oclaro for $1.7 billion

Retrieved on: 2018-03-11 18:20:41

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Optics tech firm Lumentum buys Oclaro for $1.7 billion. View article details on hiswai:

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<div>Shares of its peers <b>Finisar</b> Corp (FNSR.O) and NeoPhotonics Corp (NPTN.N) were up nearly 3 percent, while Applied Optoelectronics Inc jumped about 8 percent (AAOI.O). “Investors have been waiting for this industry to consolidate for the past 2-3 years given too many companies are chasing the same ...</div>

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