chanelink logo
CHANELINK
Ελληνικά

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

175
2023-11-01 14:03:26
Δείτε τη μετάφραση

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

Σχετικές προτάσεις

  • The global laser technology market is expected to reach 29.5 billion US dollars by 2029

    Recently, Markets And Markets released a five-year assessment report on the global laser industry. According to the report, the global laser technology market is expected to reach $20 billion by 2024 and is projected to reach $29.5 billion by 2029, with a compound annual growth rate of 8.0% during the forecast period.Global Laser Technology Market ForecastThe reasons for market growth include: the...

    2024-07-25
    Δείτε τη μετάφραση

  • Dehaha launches laser cutting integrated machine screw compressor

    The revolution in the laser cutting industry is in full swing. Like the laser cutting machine industry, China's air compressor industry has developed rapidly in the past 20 years and has undergone iterative progress in response to the huge demands of various industries. It has gradually achieved a process from imitation to independent innovation.Recently, DHH Compressor has launched its latest inn...

    2024-05-27
    Δείτε τη μετάφραση

  • Xi'an Institute of Optics and Fine Mechanics has made new progress in the research of attosecond high spatiotemporal resolution imaging

    The attosecond light source has the characteristics of ultra short pulse width, short wavelength, high coherence, and high-precision synchronous control, and has extremely high potential for application in the field of ultrafast imaging. Especially when the attosecond light source reaches the "water window" band, oxygen and hydrogen atoms have weak absorption of X-rays in this band, so water is re...

    2024-10-14
    Δείτε τη μετάφραση

  • Scientists use glass to create femtosecond lasers

    Image source: Federal Institute of Technology in Lausanne, SwitzerlandScience and Technology Daily, Beijing, September 27th (Reporter Zhang Jiaxin) Commercial femtosecond lasers are manufactured by placing optical components and their mounting bases on a substrate, which requires strict alignment of optical components. So, is it possible to manufacture femtosecond lasers entirely from glas...

    2023-09-28
    Δείτε τη μετάφραση

  • Petrobras will use laser beams to measure wind speed and direction

    Petrobras announced last week that it plans to use laser beams to measure wind speed and direction. The idea is that these data will be used to improve the operation of the wind turbines maintained by this state-owned company in North Rio Grande do.The total investment of the 2.0 version of this device reaches R $11.3 million, known as the offshore wind assessment remote buoy.This technology can a...

    2023-10-24
    Δείτε τη μετάφραση