Synaptics announced a $198 million all-cash acquisition from Broadcom, projected to generate over $40 million in annualized sales. Rizvi stated this transaction strengthens their Edge AI strategy and ...

Lumentum reaffirmed its projection to achieve $500 million in quarterly revenue by the end of calendar 2025, driven by AI and cloud market dynamics.

Reports Q2 revenue $402.2M, consensus $391.0M. “In the second quarter, we exceeded the high end of our guidance ranges for both revenue and ...

Lumentum has announced that Michael Hurlston has been appointed president and CEO and as a director of the company, effective ...