CS Services Investment, Capital, Merger&Acquisition

II-VI Opens New Facility to Produce Compoundsemi Epitaxial Wafers

II‐VI Incorporated of Pittsburgh, Pennsylvania, reported that it has opened the company’s new compoundsemi material center of excellence in Champaign, Illinois. The company intends to produce compoundsemi epitaxial wafers at the new plant. II-VI notes that its products serve growing markets in applications such as 3D sensing, optical networking, wireless …

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Lumentum to Acquire Oclaro

Lumentum Holdings has agreed to acquire Oclaro. The supplier of photonics products for optical networking and lasers based in Milpitas, California, and Oclaro, Inc. an optical network component and module maker announced that the companies have signed a definitive acquisition agreement. Under the terms of the agreement, which the boards …

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Cree’s Wolfspeed Business Acquires Infineon RF Power Bussiness Assets

Cree’s Wolfspeed business has acquired the Radio Frequency (RF) Power Business assets of German company Infineon Technologies AG for about € 345 million. The deal extends Cree’s Wolfspeed business unit’s wireless market opportunity. Infineon continues to encourage key growth sectors including renewables, electro-mobility, autonomous driving, and technologies for a connected …

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Microchip Technology to Acquire Microsemi

Microchip Technology Incorporated of Chandler, Arizona, a supplier of microcontroller, mixed-signal, analog and Flash-IP solutions and Microsemi Corporation of Aliso Vieojo, California, a provider of semiconductor solutions have signed a definitive agreement under which Microchip will acquire all of Microsemi’s stock for about $8.35 billion or $68.78 per share in cash. …

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Akash Systems Raises $3.1 million in Seed Round Funding

Akash Systems, Inc., a company focused on enabling smarter and lighter satellite systems, announced that it has raised $3.1 million and closed its seed round funding. The seed funding round was Led by Khosla Ventures and also included Social Capital, Data Collective, Ruvento Ventures, Sriram Krishnan, and Backstage Capital. The …

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