M&A Deal Summary

Lumentum Acquires Neophotonics

On November 4, 2021, Lumentum acquired semiconductors company Neophotonics for 918M USD

Acquisition Highlights
  • This is Lumentum’s 2nd transaction in the Semiconductors sector.
  • This is Lumentum’s 2nd largest (disclosed) transaction.
  • This is Lumentum’s 3rd transaction in the United States.
  • This is Lumentum’s 2nd transaction in California.

M&A Deal Summary
Date 2021-11-04
Target Neophotonics
Sector Semiconductors
Buyer(s) Lumentum
Deal Type Add-on Acquisition
Deal Value 918M USD
Advisor(s) Union Square Advisors LLC (Financial)
Cooley (Legal)

Target

Neophotonics

San Jose, California, United States
Neophotonics is a designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for bandwidth-intensive, high-speed communications networks. Neophotonics was founded in 1996 and is based in San Jose, California.

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Buyer(S) 1

Buyer

Lumentum

San Jose, California, United States
Category Company
Founded 2015
Sector Electrical Equipment
Employees7,500
Revenue 1.8B USD (2023)
DESCRIPTION

Lumentum is a manufacturer of innovative optical and photonic products enabling optical networking and commercial laser customers worldwide. Lumentum's optical components and subsystems are part of virtually every type of telecom, enterprise, and data center network. Lumentum's commercial lasers enable advanced manufacturing techniques and diverse applications including next-generation 3D sensing capabilities. Lumentum is headquartered in Milpitas, California with R&D, manufacturing, and sales offices worldwide. Lumentum Holdings was founded in 2015 and is based in San Jose, California.

DEAL STATS #
Overall 3 of 5
Sector (Semiconductors) 2 of 3
Type (Add-on Acquisition) 2 of 3
State (California) 2 of 2
Country (United States) 3 of 4
Year (2021) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-16 TriLumina - Technology Assets

Albuquerque, New Mexico, United States

TriLumina Corp.'s Technology Assets includes innovative flip-chip, back-emitting VCSEL arrays for use in a wide range of applications, including 3D sensing, automotive safety and driver assistance systems and LiDAR, and other emerging applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-15 IPG Photonics - Telecom Transmission Product Lines

Oxford, Massachusetts, United States

IPG Photonics' Telecom Transmission Product Lines provides transceiver product lines and ASIC.

Buy -
Mergr

Product

Company

Legal