Lumentum (NASDAQ:LITE) is acquiring Cloud Light Technology in a deal valued at about $750M. The acquisition is expected to accelerate Lumentum's push into the fast growing segments of optical modules ...

SAN JOSE, Calif.--(BUSINESS WIRE)-- Lumentum Holdings Inc. (NASDAQ: LITE) (“Lumentum”) today announced that it has completed its previously announced acquisition of Cloud Light Technology Limited ...

Diverse photonics technologies company Lumentum is to acquire Hong Kong-headquarterd Cloud Light, which makes fiber optic equipment and automotive sensors, in a transaction valued at $750 million, ...

I revised my rating for Lumentum Holdings from neutral to buy as I am positive about the potential of the Cloud Light Technology acquisition. The acquisition of CLT has significantly improved Lumentum ...