CENTURY CITY, PHILADELPHIA, October 30, 2023: A cross-border Morgan Lewis team is advising Hong Kong–based Cloud Light Technology Limited in a definitive acquisition agreement with Lumentum. Under the terms of the agreement, Lumentum will acquire Cloud Light for approximately $750 million.
Cloud Light designs, markets, and manufactures advanced optical modules for automotive sensors and data center interconnect applications. Lumentum, headquartered in San Jose, designs and manufactures optical and photonic products enabling optical networking and laser applications worldwide.
The Morgan Lewis team advising Cloud Light includes partners Andrew Rocks, Christopher Rose, Connie Cheung, and Todd Liao and associates Richard Umbrecht, Michael Brown, Colin Au, Kristin Yeakel, Maddy Snopek, and Matthew Oakley, among others.