chanelink logo
CHANELINK
Polski

Lumentum acquires Hong Kong optical module manufacturer Cloud Light to expand its influence in cloud data centers and network infrastructure

110
2023-11-01 14:03:26
Zobacz tłumaczenie

On October 30th, Lumentum announced the acquisition of Hong Kong optical module manufacturer Cloud Light for $750 million (approximately RMB 5.48 billion), with the aim of expanding its influence in cloud data centers and network infrastructure.

It is understood that Cloud Light is a Hong Kong company that provides various optical product solutions, mainly focusing on designing and manufacturing advanced optical modules for automotive sensors and data center interconnection applications. In the past 12 months, almost all of the company's $200 million in revenue came from sales of 400G or higher speed transceivers.

After the announcement of the acquisition, Lumentum's stock price soared by 14%, alleviating the 22% decline earlier this year.

At present, the acquisition transaction has been approved by the board of directors and shareholders of two companies. Through the acquisition, Cloud Light's optical transceiver products will serve as a supplement to Lumentum's existing data center transceiver integration component product portfolio.

Lumentum predicts that this will give it the opportunity to expand its cloud data center business more than fivefold compared to before, expected to grow at a compound annual growth rate of over 30%, and the business scale is expected to exceed $10 billion (approximately 73.1 billion RMB) by 2028.

Last week, Microsoft announced that its cloud division's first quarter performance exceeded Wall Street expectations, highlighting the strong demand for cloud computing and artificial intelligence in the industry.

Source: Sohu

Powiązane rekomendacje

  • Unlocking visible femtosecond fiber oscillators: progress in laser science

    The emergence of ultrafast laser pulses marks an important milestone in laser science, triggering astonishing progress in a wide range of disciplines such as industrial applications, energy technology, and life sciences. Among various laser platforms that have been developed, fiber optic femtosecond oscillators are highly praised for their compact design, excellent performance, and cost-effectiven...

    2024-03-28
    Zobacz tłumaczenie

  • Huagong Technology and Far East Control signed a strategic cooperation agreement to collaborate on the application and digital transformation and upgrading of "laser+intelligent manufacturing"

    On October 16th, Huagong Technology signed a strategic cooperation agreement with Far East Holdings Group Co., Ltd. The two industry leaders will engage in deep cooperation in multiple fields to promote the development and innovation of their businesses. Both parties will work together to enhance the application of "laser+intelligent manufacturing" and the level of digital transformation and upgra...

    2023-10-18
    Zobacz tłumaczenie

  • IoTech shapes the flexible future of 3D printed electronic products

    The rapidly developing IoTech enterprise headquartered in Israel will showcase at LOPEC 2024 how its disruptive digital manufacturing continuous laser assisted deposition technology shapes the future of microelectronics and additive manufacturing.Herv é Javice, co-founder and CEO of ioTech, commented, "We are delighted to be attending the LOPEC exhibition for the first time and showcasing ...

    2024-02-27
    Zobacz tłumaczenie

  • APE 2025 is about to take place

    The Asia Optoelectronic Expo 2025 (APE 2025) will be held from February 26 to 28, 2025 at the Marina Bay Sands Convention and Exhibition Centre in Singapore. It covers products such as information and communication, optics, lasers, infrared, sensing, display, quantum, and is a one-stop optoelectronic comprehensive platform for the optoelectronic industry and application fields; The exhibition focu...

    02-18
    Zobacz tłumaczenie

  • Xi'an Institute of Optics and Fine Mechanics has made significant progress in attosecond imaging research

    Recently, the Xi'an Institute of Optics and Fine Mechanics of the Chinese Academy of Sciences has made significant progress in attosecond imaging research, achieving high-resolution imaging of ultra wide spectrum light sources. The related results were published in the journal Photonics Research under the title "Snapshot coherent diffraction imaging across ultra wideband spectra".Figure 1. Demonst...

    2024-10-26
    Zobacz tłumaczenie