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 acquired the telecom transmission product lines (optical transceivers and coherent components) of IPG Photonics Corp of Oxford, MA, USA (which makes high-power fiber-lasers and amplifiers primarily for materials processing and other diverse applications) in an all-cash transaction. The divested activities include the former Menara Networks and a subsidiary in Brazil...
Source: https://semiconductor-today.com/news_it ... 0822.shtml