Benzinga | Nov 16, 2020 09:01AM EST

Lumentum Acquires TriLumina Assets Including Patents And OTher IP; Terms Not Disclosed

SAN JOSE, Calif., and ALBUQUERQUE, N.M., Nov. 16, 2020 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") (NASDAQ:LITE) and TriLumina Corporation ("TriLumina") today announced that Lumentum has acquired certain technology assets of TriLumina, including its patents and other intellectual property. TriLumina technology includes innovative flip-chip, back-emitting VCSEL arrays for use in a wide range of applications, including 3D sensing, automotive safety and driver assistance systems and LiDAR, and other emerging applications. Terms of the transaction were not disclosed.