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Lumentum Holdings Inc. acquired NeoPhotonics Corporation in a transaction that closed on August 3, 2022. Under the merger agreement, eligible NeoPhotonics common shares converted into $16.00 in cash per share, subject to the agreement’s terms and exceptions. NeoPhotonics continued as a wholly owned Lumentum subsidiary.
Who acquired NeoPhotonics?
Lumentum Holdings Inc. acquired NeoPhotonics Corporation through a merger involving Lumentum’s wholly owned Neptune Merger Sub, Inc. The merger agreement was dated November 3, 2021, and the transaction closed on August 3, 2022.
What did NeoPhotonics shareholders receive?
Each eligible NeoPhotonics common share was converted into the right to receive $16.00 in cash, without interest. The consideration was subject to the merger agreement’s conditions and exceptions, including properly exercised appraisal rights.
Do these 3 things before closing this tab:
1Fix the driver behind crashes, sound loss and screen glitches2Repair Windows errors before they cause bigger problems3Scan for outdated or missing drivers - takes under a minute| Figure | What it represents | Source context |
|---|---|---|
| $16.00 per eligible share | Cash merger consideration | NeoPhotonics merger agreement, dated November 3, 2021 |
| $934.4 million | Total purchase price consideration | Lumentum fiscal 2024 Form 10-K acquisition accounting |
| $315.3 million | Goodwill recorded from the acquisition | Lumentum fiscal 2024 Form 10-K |
The $16-per-share amount and the $934.4 million accounting figure are not interchangeable. The first is the stated merger consideration for eligible shares; the second is Lumentum’s later reported total purchase price consideration for accounting purposes.
#1 Best Overall
- 【What You Get】: 2pcs Gigabit Multi-Mode Ethernet SFP Slot media converters; 2pcs 1.25Gbps SFP Multi-Mode transceivers; 2pcs AC/DC Power Supply; 1 x User’s Manual. Supports wide power supply voltage (100V-240V), Power Supply: 5V-1A, UL Certified. Perfect for large data transfers in data centers and business networks.
- 【Fiber Optical Port】: 1.25Gbps SFP port, compatible with Multi-Mode LC transceivers up to 550M (2 SFP SX Transceivers included); Fiber Type: MMF, Cable Type: UTP/STP Cat.5e for 100 meters.
- 【RJ45 Port】: 10M/100M/1000M Auto-negotiation, full Duplex or half Duplex, Auto-negotiation, Supports MDI/MDIX auto-crossover, Complies with IEEE 802.3/802.3u/802.3z/802.3ab.
- 【Plug & Play】: Plug and play setup with no software installation required. Simply connect the optical port and RJ45 port for immediate operation. Status LEDs provide easy network status monitoring.
- 【Durable and Reliable】: Operates within a temperature range of 0°C to 60°C, supporting jumbo frame size 9K bytes, making it ideal for industrial and commercial applications.
When did the acquisition happen?
- November 3, 2021: Lumentum and NeoPhotonics entered into the merger agreement.
- August 3, 2022: Lumentum completed the acquisition, and NeoPhotonics became a wholly owned subsidiary.
Why did Lumentum buy NeoPhotonics?
Lumentum said the acquisition would expand its opportunities in optical components for cloud and telecom network infrastructure. In its filings, Lumentum also placed the deal in the context of increasing use of photonics, the Internet of Things, 5G and next-generation mobile networks, and advanced cloud-computing architectures.
Those statements describe Lumentum’s strategic rationale. The cited filings do not by themselves establish specific operating results or market outcomes caused by the acquisition.
Rank #2
- 10GBASE-SR SFP+ to LC Optical 10 Gigabit Ethernet Fiber transceiver module, 10GbE Multimode SFP+(compatible with both 62.5um and 50um LC cables; supports OM1/OM2/OM3/OM4 fiber cables), Duplex LC connector, 850nm, DDM, up to 300m.
- [Wide Compatibility] Compatible with Cisco SFP-10G-SR, Meraki MA-SFP-10GB-SR, Ubiquiti UniFi UF-MM-10G, Fortinet, Mikrotik, Netgear, D-Link, Supermicro, TP-Link and Other Open Switches.
- [Easy to Use] Easy installation, plug and play, fully hot-pluggable with ESD protection. Widely used in network switch, server, or NIC with SFP+ to a 10 Gigabit fiber channel network with multimode LC for Network Attached Storage(NAS), Storage Area Network(SAN), and High Performance Computing(HPC) applications.
- [Durable & Low Power Consumption] Adopt high quality alloy, the shell is strong and wear-resistant; Low power consumption(less than 1.05watt) and low EMI emission design. SFP MSA Compliant, IEEE 802.3ae Compliant. Operating Temperature: 0°C to 70°C.
- [What you Get] 2x 100% tested 10GBase-SR modules, 3-Year warranty and lifetime tech support.
What did Lumentum say at closing?
“I am excited to unite NeoPhotonics’ differentiated products and technology and talented team with those of Lumentum.”
Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.— Alan Lowe, Lumentum president and CEO, in the August 3, 2022 closing announcement
Rank #3
A Pair of 1.25G/s Bidi Gigabit Multi-Mode Fiber Ethernet Media Converter with 2PCS Bidi SFP LC Dual Transceiver Module Included, 10/100/1000Base-Tx to 1000Base-SX SMF RJ45 to SFP Slot up to 550M
- What You Get: 2pcs Gigabit Multi-Mode Ethernet SFP Slot media converters; 2pcs SFP BiDi LC Dual Multi-Mode transceiver; 2pcs AC/DC Power Supply; 1 x User’s Manual. Support wide power supply voltage (100V-240V), Power Supply: 5V-1A, UL Certified.
- Fiber Optical Port: 1.25Gbps SFP port, connecting the BiDi Multi-Mode LC Dual transceivers up to 550M(2 SFP LX Transceiver included); Fiber Type: MMF, Cable Type: UTP/STP Cat.5e for 100 meters.
- RJ45 Port: 10M/100M/1000M Auto-negotiation, full Duplex or half Duplex, Auto-negotiation, Supports MDI/MDIX auto-crossover, Complies with IEEE 802.3/802.3u/802.3z/802.3ab.
- Plug & Play: Simply plug in optical port and RJ45 port, and it will work immediatelly. Status LED's for TX, FX LINK/ACT, POWER, FDX to easily monitor network status. Supports jumbo frame size 9K bytes; Supports working temperature range from 0°C to 60°C.
- 【100% Money Guarantee】15 years OEM factory competency, Most efficient technical support with superb processing technology.★Our committed to provide the best product and services to every customer.
Lowe also welcomed NeoPhotonics employees to Lumentum and thanked NeoPhotonics CEO Tim Jenks and the leadership team for their contribution to completing the transaction.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What changed legally after closing?
NeoPhotonics survived the merger as a wholly owned Lumentum subsidiary. The transaction therefore combined NeoPhotonics’ business and personnel with Lumentum rather than leaving NeoPhotonics as an independent publicly traded company.
Quick Recap
Best Value
- Data Rate: 10gb/s data transfer rate.
- Duplex LC: Supports OS2/OS3 dual LC single mode fiber cables, SMF, 1310nm, up to 10km.
- Plug and Play: Support Hot-pluggable, no need to shut down the network or device reboot. DDM support.
- DDM: This 10G Single Mode SFP+ LC Module supports digital optical monitoring capability for strong diagnostic capabilities.
- Wide Compatibility: Compatible for Cisco SFP-10G-LR, Ubiquiti UniFi UF-SM-10G, Netgear AXM762, Meraki MA-SFP-10GB-LR, Mikrotik S+31DLC10D, Broadcom, Supermicro, D-Link and Other Open SFP Transceivers/Switches (NOTE: Not compatible for HP/HPE switches).
Rank #4
- 1. High-Speed Connectivity: 4Pack 10GBase-LR 1310nm SFP+ module offers blazing-fast 10 Gigabit Ethernet connectivity, delivering data at 10 Gb/s speed over long distances. Date Rate:10Gb/s, Fiber Type: Duplex Dual LC SingleMode Fiber(SMF,OS2/OS3); Wavelength: 1310nm; up to 20km transmission over LC/UPC Fiber Cable Type.
- 2. Wide Compatibility Compatible with a range of brands including Cisco SFP-10G-LR, Ubiquiti UniFi UF-SM-10G, Meraki MA-SFP-10GB-LR, Mikrotik, Netgear, Fortinet, Supermicro, D-Link, TP-Link and more, this module fits seamlessly into various open equipments with 10Gb SFP+ ports.
- 3. Plug and Play Convenience: With hot-swappable functionality and advanced Digital Diagnostic Monitoring (DDM) for real-time parameter monitoring, installation is hassle-free. It complies with SFP+ MSA and SFF-8431 standards as well as IEEE 802.3ae. Efficient Power Usage: Featuring low power consumption of less than 1.05 watts, this module helps save costs while providing reliable performance. It also boasts low EMI and advanced ESD protection.
- 4. Versatile Usage: The SFP 10GBase-LR module is versatile, catering to various networking needs including data center connectivity, wide area network (WAN) connections, remote monitoring systems, enterprise and campus networks, as well as cloud computing and virtualization environments. It seamlessly integrates with a wide range of devices such as fiber media converters, routers, servers, fiber switches, storage devices, network interface cards (NICs), video surveillance equipment, virtual machines, and cloud computing equipment, ensuring high-speed and reliable data transmission across different network infrastructures.
- 5. Reliable After-Sales Support: We offer 24/7 customer service, a 30-day free return policy, a 5-year free warranty, and lifetime technology support, ensuring peace of mind and long-term satisfaction with your purchase.
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
