Lumentum Completes Acquisition of IPG Photonics' Telecom Transmission Product Lines

Posted  by GoPhotonics

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Lumentum Holdings has announced that it has acquired IPG Photonics' telecom transmission product lines in an all-cash transaction.

"I am very excited to add such highly complementary and differentiated transceiver product lines and ASIC capabilities, which help to expand our addressable market and augment our technology capabilities," said Dr. Beck Mason, SVP and General Manager, Telecom Transmission at Lumentum. "This acquisition brings a talented team developing digital communications ASICs, including coherent DSPs, which complements our silicon and indium phosphide photonic integrated circuit capabilities and creates opportunities for increased vertical integration in future optical transmission modules."

Dr. Mason added, "Increasingly customers in the cable MSO and wireless network operator space are turning to wavelength tunable pluggable transceivers to help expand their network capacity and this acquisition brings highly synergistic product lines addressing this rapidly growing opportunity."

There is no impact on Lumentum's fiscal fourth quarter 2022 due to this transaction and the terms of the transaction were not disclosed.

Wilson Sonsini Goodrich & Rosati, P.C. served as legal counsel to Lumentum in the transaction.

About Lumentum

Lumentum is a market-leading designer and manufacturer of innovative optical and photonic products enabling optical networking and laser applications worldwide. Lumentum optical components and subsystems are part of virtually every type of telecom, enterprise, and data center network. Lumentum lasers enable advanced manufacturing techniques and diverse applications including next-generation 3D sensing capabilities. Lumentum is headquartered in San Jose, California with R&D, manufacturing, and sales offices worldwide.

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