M&A Deal Summary |
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Date | 2023-10-30 |
Target | CloudLight |
Sector | Semiconductors |
Buyer(s) | Lumentum |
Sellers(s) | ACE Equity Partners |
Deal Type | Add-on Acquisition |
Deal Value | 750M USD |
Advisor(s) | Morgan Lewis (Legal) |
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Category | Company |
---|---|
Founded | 2015 |
Sector | Electrical Equipment |
Employees | 7,500 |
Revenue | 1.8B USD (2023) |
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 | 5 of 5 |
Sector (Semiconductors) | 3 of 3 |
Type (Add-on Acquisition) | 3 of 3 |
Country (China) | 1 of 1 |
Year (2023) | 1 of 1 |
Size (of disclosed) | 3 of 3 |
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 | - |
Category | Private Equity Firm |
---|---|
Founded | 2017 |
PE ASSETS | 2.2B USD |
Size | Large |
Type | Sector Agnostic |
ACE Equity Partners is a private equity firm focused on buyout and growth capital investments in industrial technology and advanced manufacturing companies.The Firm seeks control positions in partnership with founders as well as corporate carve-out situations. Specific areas of interest include business services, electrical equipment, technology hardware, IT, semiconductors, and software. ACE Equity Partners was established in 2017 and is based in Seoul, South Korea.
DEAL STATS | # |
---|---|
Overall | 2 of 3 |
Sector (Semiconductors) | 2 of 2 |
Type (Add-on Acquisition) | 1 of 2 |
Country (China) | 1 of 1 |
Year (2023) | 1 of 2 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2022-02-01 |
WeZON
Seoul, South Korea WeZON provides IT solutions and consulting services in the fields of DT consulting, quality / test management, production / facility, safety / environment to domestic and foreign device industries, manufacturers, research institutes and public institutions. WeZON was founded in 1998 and is based in Seoul, South Korea. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2023-11-01 |
Routejade
Nonsan-si, South Korea Routejade is providing lithium-ion batteries based on our patented encapsulation technology. Routejade was founded in 2000 and is based in Nonsan-si, South Korea. |
Sell | - |