On March 12th, US local time, on the eve of the opening of OFC 2018, the optical device industry announced a major merger and acquisition event. As the industry’s second child, Lumentum won the industry’s third-year Oclaro for $1.8 billion.
Lumentum hopes to strengthen its presence in the optical communications industry by acquiring Oclaro’s own product portfolio. The industry’s general belief that Oclaro’s strengths in telecom optical networks, enterprise networks and data centers is the main reason for its acquisition by Lumentum.
OFweek Optical Communication Network Editor Comments: As the industry’s two well-known optical device giants, Lumentum’s acquisition of Oclaro is undoubtedly a blockbuster in the optical communications industry in 2018. From this acquisition, we can see that the industry concentration is moving forward further. Strengthening its competitiveness in the optical communication industry through mergers and acquisitions has become a mainstream way for industry giants.