chanelink logo
CHANELINK
Türkçe

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

346
2023-11-01 14:03:26
Çeviriyi gör

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

İlgili öneriler

  • The fiber laser system overcomes outdated issues through a PC based EtherCAT control platform

    In order to maintain relevance and success, companies with a long history must respect their past while not ignoring the future. This is the method adopted by Cincinnati Corporation (CI), a metal processing machinery manufacturer based in Harrison, Ohio, since its establishment in the late 1890s.The company is carefully considering technological changes. Incorrect selection of control hardware, ne...

    2024-05-25
    Çeviriyi gör

  • Laser power supply leading enterprise Lianming Power has completed a B-round financing of tens of millions of RMB

    Shenzhen Lianming Power Supply Co., Ltd. (hereinafter referred to as "Lianming Power") announced the completion of a B-round financing of tens of millions of yuan in the near future. The fund managed by Jiangsu Jiuyu Investment Management Co., Ltd. completed the A-round investment in Lianming Power in December 2021. Recently, Jiuyu Investment, as an old shareholder, continued to increase its inves...

    2023-09-23
    Çeviriyi gör

  • Significant progress has been made in the manufacturing and measurement of EUV lithography light source collection mirrors

    Summary:To filter out infrared light from the driving light source in the extreme ultraviolet lithography (EUVL) light source system, a rectangular grating structure needs to be fabricated on the surface of the collection mirror. However, the collection mirror grating usually undergoes deformation during the manufacturing process, resulting in a decrease in filtering efficiency. The process errors...

    04-02
    Çeviriyi gör

  • Developing a concentration independent pressure sensing method for high-temperature combustion diagnosis

    Recently, a research group led by Professor Gao Xiaoming and Professor Liu Kun of the Chinese Academy of Sciences Hefei Institute of Physical Sciences developed a concentration independent pressure sensing method based on two-color laser absorption spectrum for high-temperature combustion diagnosis.The research findings are published in Optics Letters.Aircraft engines are developing towards high-t...

    2024-03-08
    Çeviriyi gör

  • The physicist who built the ultrafast "attosecond" laser won the Nobel Prize

    Pierre Agostini, Ferenc Krausz, and Anne L'Huillier won the award for their ultra short optical pulses, which made close research on electrons possible.Ferenc Klaus, Anne Lullier, and Pierre Agostini (from left to right)Image sources: BBVA Foundation, Kenneth Ruona/Lund University, Ohio State UniversityThis year's Nobel Prize in Physics was awarded to three physicists - Pierre Agostini of Ohio St...

    2023-10-09
    Çeviriyi gör