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Lumentum Announces Completion Of Neophotonics Acquisition

Aug 03, 2022•over 3 years ago

Acquiring Company

Lumentum

Acquired Company

Lumentum

San JoseSan JoseTelecommunicationsManufacturingTelecommunicationsManufacturing

Description

Lumentum Holdings Inc. (NASDAQ: LITE) ("Lumentum"), today announced that it has completed its previously announced acquisition of NeoPhotonics Corporation ("NeoPhotonics").

Company Information

Company

Lumentum

Location

1001 Ridder Park Dr

San Jose, California, United States

About

Lumentum is a market-leading designer and manufacturer of innovative optical and photonic products. Their optical components and subsystems are part of virtually every type of telecom, enterprise, and data center network. Lumentum lasers empower advanced manufacturing techniques and diverse applications, including next-generation 3D sensing capabilities.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed