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23 Mar 21
Rockley Photonics goes public in merger with SC Health – valuing group at $1.2BN

Founder Andrew Rickman remains as CEO and Chairman, as diversified silicon photonics player is set to trade on NYSE as “RKLY”.

23 Mar 21
Trumpf acquires and partners with software firm Lantek

Industrial materials processing specialist expands group’s sheet metal treatment capabilities.

23 Mar 21
Lumentum responds again as Coherent bidding war tops $7BN

Laser company is evaluating Lumentum's latest offer, with deadline of March 24 set.

18 Mar 21
II-VI raises Coherent acquisition bid to $7BN as plot twists continue

Lumentum given until March 22 to respond as II-VI’s latest cash-plus-stock offer is deemed ‘superior’.

17 Mar 21
Lumentum raises Coherent offer to $6.9BN with private equity backing

Latest bid now includes $1 billion in support from investor Silver Lake.

17 Mar 21
Semiconductor equipment market set to reach new highs

Industry group SEMI predicts three straight years of record-breaking sales, with spending expected to top $80BN in 2022.

15 Mar 21
II-VI trumps Lumentum again in Coherent plot twist

Latest move in the ongoing merger saga gives Lumentum until March 17 to respond to ‘superior’ offer.

15 Mar 21
Aeva, Ouster stocks begin trading after SPAC mergers are completed

Lidar technology developers raise a combined $860 million as they finalize stock market transitions.

12 Mar 21
Effect Photonics raises $37M to develop single-chip coherent optics

First close of its Series C round, co-led by Smile Invest and existing investor Innovation Industries.

09 Mar 21
Lumentum raises Coherent bid after II-VI offer deemed 'superior'

Lumentum had been given March 11 deadline to revise its proposal as bidding war escalates. * see March 10 update

04 Mar 21
Lumibird to acquire Saab’s €10 million laser rangefinder business...

...while Active Silicon is acquired by fellow UK company Solid State for £6.3 million.

04 Mar 21
Renishaw for sale after founders offer up majority stake

UK-based metrology company provides a variety of optical encoders, spectroscopy tools, and additive manufacturing equipment.

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