II‑VI Incorporated Acquires Coherent, Inc.

Quantum Computing Inc. Acquires Luminar Semiconductor, Inc. for $110M

February 5, 2026

Manufacturing

Quantum Computing Inc. (QCi) completed an all-cash acquisition of Luminar Semiconductor, Inc. (LSI), a wholly owned subsidiary of Luminar Technologies, in a transaction valued at $110 million. The deal brings LSI’s lasers, detectors, advanced packaging, and manufacturing capabilities into QCi’s thin-film lithium niobate photonics platform to create a vertically integrated, domestically manufactured photonics and quantum technology offering and to strengthen near-term revenue and defense/aerospace market access.

Marvell Technology Acquires Inphi Corporation

October 29, 2020

Manufacturing

Marvell Technology Group Ltd. agreed to acquire Inphi Corporation in a cash-and-stock transaction that will combine Marvell's storage, networking and processor portfolio with Inphi's high-speed electro-optics interconnect platform. The deal positions the combined company to lead in cloud data center and 5G infrastructure markets, will domicile the combined company in the United States, and is expected to deliver $125 million of annual run-rate synergies within 18 months.

Luna Innovations Acquires General Photonics

March 4, 2019

Telecommunications

Luna Innovations Incorporated acquired General Photonics Corporation, a Chino, California-based provider of polarization management components, modules and optical test equipment, for $20 million (including up to $1 million earnout). The purchase expands Luna's Lightwave division and strengthens its communications test product portfolio by adding complementary measurement and polarization control capabilities and vertical integration synergies.

Oxford Metrics Acquires Industrial Vision Systems Ltd

November 1, 2023

Industrial Services

Oxford Metrics plc has agreed to acquire Industrial Vision Systems Ltd (IVS) for a consideration of £8.1m, funded from cash and the issue of new ordinary shares. The acquisition brings IVS's machine vision hardware and embedded software capabilities into Oxford Metrics' smart sensing portfolio to expand its smart manufacturing and quality-inspection offerings, with IVS founders remaining in management.

CACI International Acquires SA Photonics

December 16, 2021

Aerospace & Defense

CACI International has completed the acquisition of SA Photonics, a developer of free-space optical (FSO) communications and LiDAR sensing technologies. The deal expands CACI's photonics engineering and scaled manufacturing capabilities — adding facilities in California and Florida — to serve U.S. government, intelligence, and commercial space (LEO) customers.

Movable Ink Acquires Coherent Path

February 16, 2022

Marketing & Advertising

Movable Ink announced it will acquire Coherent Path, an AI-powered personalization engine that helps brands surface customers' next favorite products. The deal adds Coherent Path's personalization and discovery-focused AI capabilities and 50 employees to Movable Ink’s platform, enhancing its omni-channel marketing personalization offerings.