II-VI Incorporated

II-VI Incorporated

IIVI
II-VI IncorporatedUS flagNASDAQ Global Select
227.08
USD
+11.82
- -
30.51BMarket Cap
II-VI Incorporated
IIVI
(NASDAQ Global Select)

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227.08

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Business
Coherent Corp. Coherent Corp. (formerly II-VI Incorporated II-VI Incorporated) manufactures engineered materials, optoelectronic components, photonic devices, lasers, and subsystems for industrial, communications, electronics, instrumentation, and materials processing applications; offers diode lasers, fiber lasers, solid-state lasers, excimer lasers, CO2 laser optics, silicon photonics transceivers including 1.6T-DR8 and 800G CFP2-DCO modules, active optical cables, optical circuit switches, dynamic gain equalizers, quad-channel integrated circuits such as CHR2075 drivers and CHR1094 amplifiers, silicon carbide substrates and epitaxial wafers, compound semiconductors like GaAs, InP, GaSb, ZnSe, and ZnS, infrared optics, high-precision assemblies, and advanced software-integrated solutions. The company, founded in 1971 and headquartered in Saxonburg, Pennsylvania, maintains research, development, manufacturing, sales, and distribution facilities worldwide across 18 countries including the United States, China, Sweden, the United Kingdom, Singapore, and Japan, serving markets such as datacenters, telecommunications networks, semiconductor and display capital equipment, precision manufacturing, automotive electrification, aerospace and defense, life sciences, consumer electronics, and scientific research. Coherent Corp. completed its acquisition of Coherent, Inc. in July 2022, adopting the Coherent name and ticker COHR in September 2022 to form a leader in materials, networking, and lasers with over 26,000 employees; recently announced in August 2025 an agreement to sell its aerospace and defense business to Advent for $400 million to reduce debt and focus on core photonics growth; launched the Axon FP femtosecond laser and EDGE CUT20 OEM cutting solution with CUT20 laser head in November 2025; introduced quad-channel ICs for 800G/1.6T and 400G ZR/ZR+ transceivers in September 2025 with production ramping through year-end; secured initial customer orders for its optical circuit switch platform ahead of 2025 commercialization; and pursues CHIPS Act funding for 150mm indium phosphide expansion.

Company News

APIChatGPT
  • Solid-State Cooling Markets - Global Strategic Business Report 2024-2030 Featuring Analysis of 34 Companies, Including AMS Technologies, Ferrotec, HI-Z Technology, and II-VI Marlow

  • Coherent Corp. (IIVI) Q4 2023 Earnings Call Transcript

  • Coherent Introduces Ultrahigh-Resolution Telemetry Module for Embedded Performance Monitoring in 800G Optical Transport Systems

  • Coherent Introduces 200G Indium Phosphide Electro-Absorption Modulated Lasers for High-Speed Datacenter Transceivers

  • Coherent Introduces I-Temp Micro-Pump Lasers for Extended Temperature Operation in Broadband Optical Access Networks

  • Coherent Awarded Contract to Develop Optical Transceivers for the DARPA Space-BACN Program

  • II-VI Changes Name to Coherent and Launches New Brand Identity

  • Apple Awards an Additional $410 Million from its Advanced Manufacturing Fund to II-VI

  • SHAREHOLDER ALERT: WeissLaw LLP Investigates Coherent, Inc.

  • II-VI Incorporated to Acquire Coherent, Creating Global Leader in Photonic Solutions, Compound Semiconductors, and Laser Technology and Systems

  • Coherent Board Accepts II-VI Acquisition Proposal

  • II-VI Incorporated Maintains its Current Proposal for Coherent

  • Lumentum Comments on Notification from Coherent of a Company Superior Proposal

  • Coherent Board Confirms Receipt of Revised II-VI Acquisition Proposal

  • Coherent Board Determines New II-VI Proposal Is Superior to Amended Lumentum Merger Agreement

  • Coherent To Engage In Discussions With II-VI

  • Coherent Confirms Receipt Of Unsolicited Proposal From II-VI Incorporated

  • Coherent and II-VI to Jointly Supply Turnkey Automotive and Electrification Welding Solutions

  • II-VI Seeing Expanding Opportunities And Shrinking Valuations On Optical Sector Worries (NASDAQ:IIVI)

  • II-VI Looking To Flex Newly-Bought Muscle In Multiple Growth Markets (NASDAQ:IIVI)