2019-03-28

Merger of Finisar and II-VI Approved by Shareholders of Both Firms

II-VI announced that its acquisition of Finisar, the optical communications solutions provider and an Apple supplier, has been approved by shareholders of both companies, bringing the merge of the two firms a step forward. In November 2018, the optoelectronic component manufacturer II-VI revealed that it is acquiring Finisar with a deal worth US$3.2 billion cash and stock. The companies now announced that the merger agreement received supports by their shareholders respectively. 97% of the shares of II-VI common stock voting at II-VI’s special meeting voted...
Continue reading
The emergence of AI powered smart glasses as the next platform for personal computing has been driven by separate but complementary innovations. First, tech product manufacturers have teamed up with manufacturers of spectacles and sunglasses t... READ MORE
ams OSRAM is launching two new variants of the SIRIUS HRI® series for entertainment lighting. The compact Galaxy 250 and 20D short-arc HID lamps combine exceptional brightness, longer service life, and outstanding performance. Precise 2&de... READ MORE