II-VI CEO this morning on winning the battle for Coherent over Lumentum...

makes me feel a little like I'm all alone in the outfield when they turned the lights off...

"We are pleased to have reached an agreement with Coherent to create a global leader in photonic solutions, compound semiconductors and laser technology and systems. Together, we will have significant opportunities to accelerate our growth through complementary technology platforms, strengthen our competitiveness by using our combined scale across the value chain, benefit from deeper market intelligence and expertise, and further diversify our businesses by end market and geography. Moreover, the combination of II-VI and Coherent will increase our collective exposure to irreversible megatrends for decades to come. We are excited to welcome the talented Coherent team to II-VI and look forward to working together to deliver significant value to all stakeholders, including both companies' shareholders, customers, employees, and business partners," said Dr. Vincent D. Mattera, Jr., Chief Executive Officer of II-VI.

This is a huge multi-billion dollar deal; Coherent has to pay loser Lumentum over $217 million USD just to terminate their earlier Merger Agreement! 

I'm feeling a little lonely out here...someone in the know please tell me that POET is not nervous about this deal!

MTNVIEW