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Lumentum to acquire Cloud Light Technology in $750 million deal

The group anticipates significant growth in its cloud intra-data centre served opportunity, expected to expand more than fivefold.

By James Nunns

Media & Commercial Director, The Tech Capital

2 Mins

November 14, 2023 | 10:59 PM GMT

Lumentum Holdings Inc. is set to acquire Cloud Light Technology for an estimated US$750 million, in a move aimed at enhancing its optical solutions portfolio. 

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James Nunns

Media & Commercial Director, The Tech Capital

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