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Coherent Announces Agreement to Sell Aerospace and Defense Business to Advent for $400 Million

08/15/2025 | Advent
Coherent Corp., a global leader in photonics, today announced that it has entered into a definitive agreement to sell its Aerospace and Defense business to Advent, a leading global private equity investor, for $400 million. Proceeds will be used to reduce debt, which will be immediately accretive to Coherent’s EPS.

SIA Commends CHIPS Act Incentives for Coherent, SkyWater Technology, X-FAB

12/09/2024 | SIA
The Semiconductor Industry Association (SIA) released the following statement from SIA President and CEO John Neuffer applauding CHIPS and Science Act manufacturing investments announced by the U.S. Department of Commerce, Coherent, SkyWater Technology, and X-FAB.

Coherent Reaches Manufacturing Milestone: 300 Million Transceivers Shipped from Ipoh, Malaysia Facility

06/13/2024 | Coherent
Coherent Corp., a global leader in materials, networking, and lasers, proudly announces the shipment of its 300-millionth optical transceiver from its manufacturing facility in Ipoh, Malaysia. This significant milestone underscores the scale, resiliency, and flexibility of Coherent supply chain solutions for customers.

DENSO Announces Strategic Minority Investment in Silicon Carbide LLC, Coherent's SiC Business

10/11/2023 | JCN Newswire
This investment will ensure a long-term stable procurement of SiC wafers to enhance the competitiveness of our electrification components. With this equity investment, DENSO will hold 12.5% equity stake in Silicon Carbide LLC.

Jabil Photonics Announces Availability of Next-Gen Coherent Optical Products

09/20/2022 | Jabil
Jabil Inc. announced that its photonics business unit continues to drive the design and development of world-class optical communications products with general availability and customer testing of its CFP2 DCO ECO Coherent Transceiver.
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