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Lumentum Goes From $1 Billion Spinoff to $115 Billion Takeover
First reported by Bloomberg ·
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Brief pending · reported by Bloomberg and The Information
What happened
In 2015, executives at the Silicon Valley hardware firm known then as JDSU spun off a division making optical components and commercial lasers, believing the unit would be better off chasing growth op...
Source description shown. AI brief pending.
Lumentum