Lumentum Holdings Inc to acquire Oclaro Inc for around $1.7 billion in a cash and stock deal
California-based Lumentum Holdings Inc is the parts supplier to Apple Face ID technology. Lumentum Holdings Inc, a laser and optical fiber specialist which analysts see as a supplier of parts supplier to Apple for it’s Face ID technology, is to acquire optical components producer Oclaro Inc for around $1.7 billion in a cash and stock…
