Lumentum Holdings Inc of San Jose, CA, USA (which designs and makes optical and photonic products for optical networks and lasers for industrial and consumer markets) has entered into a definitive agreement to acquire Cloud Light Technology Ltd of Hong Kong (which designs and makes optical modules for automotive sensors and data-center interconnect applications) in a transaction worth about $750m (subject to certain adjustments)...
Source: https://www.semiconductor-today.com/new ... 1123.shtml