Face ID specialist Finisar gets bought for USD 3.2 bln

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(Telecompaper) Optical communications component company and Apple supplier Finisar has been bought by II-VI in a cash and stock deal valued at USD 3.2 billion, or around USD 26 per share. The merger has already been unanimously approved by the board of directors at Finisar, as well as of II-VI, which produces engineered materials as well as optical parts and systems.
Source: Industry News (syndicated from Telecompaper.com)

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