Monday, August 3, 2015

Lumentum Completes Spinoff from JDSU

Lumentum completed its spinoff from JDSU and will commence trading on the NASDAQ Stock Market under the ticker symbol LITE on August 4, 2015.

Lumentum, which is based in Milpitas, California, is a leading supplier of photonic components and subsystems used in telecom, enterprise, and data center networks. It commercial lasers enable advanced manufacturing techniques and diverse applications including next-generation 3D sensing capabilities.

  • Lumentum is headed by Alan Lowe (President and CEO), who has been was President of JDSU's CCOP since 2008. Lowe joined JDSU in September 2007 as Senior Vice President of JDSU’s Commercial Lasers group, which was ultimately integrated into CCOP.