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0.570247933884298 0.570247933884298 0.264462809917355 0.264462809917355 0.289256198347108 0.322314049586777 0.347107438016529 0.347107438016529
Stock impact report

Luna Announces Sale of High-Speed Optical Receivers Technology

Luna Innovations Incorporated (LUNA) 
Last luna innovations incorporated earnings: 3/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.lunainc.com/investor-overview
Company Research Source: Business Wire
MACOM buys assets and technology for HSOR business for $33.5 million; Luna to retain Terahertz technology ROANOKE, Va.--(BUSINESS WIRE)-- Luna Innovations Incorporated (NASDAQ: LUNA), which develops and manufactures new-generation products for the aerospace, automotive, energy, defense, and telecommunications markets, today announced that MACOM Technology Solutions Holdings, Inc. (NASDAQ: MTSI) has agreed to buy the assets and operations related to its high-speed optical receivers (HSOR) business. The sale includes the operations associated with Luna’s development, manufacturing and sales of products such as high-speed integrated coherent receivers and photodiodes. Luna originally acquired these operations as part of its merger with Advanced Photonix, Inc. (API), in May 2015. The assets and employees associated with Luna’s Terahertz operations are not transferred in this transaction. Show less Read more
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