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Coherent Corp. (formerly II-VI Incorporated) is an American manufacturer of optical materials and semiconductors. As of 2023, the company had 26,622 employees. Their stock is listed at the New York Stock Exchange under the ticker symbol COHR. In 2022, II-VI acquired laser manufacturer Coherent, Inc., and adopted its name. [3] [4]
Laser maker Coherent (NYSE: COHR) saw its stock run up 19.5% through 11:45 a.m. ET Monday after the company announced it has poached Jim Anderson, CEO of Lattice Semiconductor, to become its own ...
Coherent, Inc., headquartered in Santa Clara, California is an American company that develops, manufactures and supports laser equipment and related specialty components. Coherent was founded in May 1966 by physicist James Hobart and five cofounders.
Coherent's (NYSE: COHR) stock began this week on a high note, and as we headed toward the weekend it wasn't letting up much. The latest addition to Coherent's bull herd is Jefferies' George Notter ...
Shares of Coherent jumped 13.6% on Feb. 8 after the laser manufacturer announced a buyout bid from MKS Instruments, in a deal valued at $6 billion. According to the unsolicited proposal from MKS ...
The merger between Oclaro and Opnext was approved by shareholders of both companies on July 23, 2012. [ 10 ] On September 12, 2013, Oclaro, Inc. announced the sale of their Gallium-Arsenide (GaAs) laser diode business in Zurich to II-VI Incorporated (now Coherent ) for $115M.
Coherent Corp (NYSE:COHR) stock is trading higher Monday after BofA Securities analyst Vivek Arya upgraded the stock rating from Neutral to Buy with a price target of $75, up from $65. Arya ...
He described the merger as " adding $2.5 billion in revenues, 9,000 employees" and expanding their marketshare in Europe. [9] In April 2020, in the midst of the global COVID pandemic, Mattes was appointed to the position of President & CEO, and member of the Board of Directors for Coherent Inc. [10]