Lumentum completed the acquisition of the telecom transmission product lines of IPG Photonics.

Lumentum, a designer and manufacturer of innovative optical and photonic products, completed the acquisition of the telecom transmission product lines of IPG Photonics, an American manufacturer of fiber lasers. Financial terms were not disclosed. "I am very excited to add such highly complementary and differentiated transceiver product lines and ASIC capabilities, which help to expand our addressable market and augment our technology capabilities. This acquisition brings a talented team developing digital communications ASICs, including coherent DSPs, which complements our silicon and indium phosphide photonic integrated circuit capabilities and creates opportunities for increased vertical integration in future optical transmission modules," Beck Mason, Lumentum SVP and General Manager, Telecom Transmission.