Report
Pierre FerraguÊ

Wolfspeed: Getting the device business for free. Read-across from Coherent

Coherent announced this morning that it is selling a stake in its silicon carbide business at a $4bn valuation.
Underlyings
Coherent Inc.

Coherent is a provider of lasers, laser-based technologies and laser-based system solutions in a range of commercial, industrial and scientific applications. The company reporting segments are: OEM Laser Sources (OLS) and Industrial Lasers and Systems (ILS). The company's OLS business segment is focused on laser sources and optical sub-systems primarily used in microelectronics manufacturing, medical diagnostics and therapeutic medical applications, as well as in scientific research. The company's ILS business segment delivers laser sources, sub-systems and tools used for industrial laser materials processing, serving end markets like automotive, machine tool, consumer goods and medical device manufacturing.

WOLFSPEED INC

Provider
New Street Research
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Analysts
Pierre FerraguÊ

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