What happened to Finisar?
What happened to Finisar?
Sunnyvale-based optical hardware company Finisar Corp. is being acquired by a competitor for $3.2 billion in cash and stock, the company announced Friday. Once the transaction closes next year, Finisar shareholders will own 31 percent of the combined company.
What is Finisar stock price?
Key Turning Points
| 52-Week High | 25.14 |
|---|---|
| Last Price | 23.77 |
| Fibonacci 61.8% | 21.58 |
| Fibonacci 50% | 20.48 |
| Fibonacci 38.2% | 19.37 |
Where is Finisar located?
About Finisar: Corporate headquarters are located in Sunnyvale, California (USA), with additional product development and manufacturing facilities located in California, Pennsylvania and Texas (USA), Australia, China, Germany, Malaysia, Singapore and Sweden.
Does Cisco own Finisar?
The first is the acquisition of Finisar by II-VI. Another is the acquisition of silicon-photonics player Luxtera by Cisco for $660 million. Cisco ultimately had some success with its Lightwire-enabled CPAK modules, but density and power specifications were essentially on par with CFP2 LR-4 modules.
Where is Finisar manufactured?
The plant, supporting more than 500 jobs, is located in Sherman, Texas.
Did II-VI buy Finisar?
II-VI Inc. has completed the acquisition of Finisar Corp., which was first announced Nov. 9, 2018. The transaction was made with a combination of term loans and $1.1 billion of the company’s stock.
Who owns II-VI?
Carl Johnson
II-VI Incorporated
| Traded as | Nasdaq: IIVI |
|---|---|
| Founder | Carl Johnson |
| Headquarters | Saxonburg, Pennsylvania , United States |
| Number of locations | 73 (2021) |
| Revenue | 3,105,900,000 USD (2021) |
When did Ii-Vi Acquires Finisar?
Nov. 9, 2018
II-VI Inc. has completed the acquisition of Finisar Corp., which was first announced Nov. 9, 2018. The transaction was made with a combination of term loans and $1.1 billion of the company’s stock.
Does Cisco acquire Acacia?
Cisco has agreed to acquire Acacia for $115.00 per share in cash, or approximately $4.5 billion on a fully diluted basis, net of cash and marketable securities. Acacia employees join Cisco’s Optics business as part of the Mass-Scale Infrastructure Group.