Coherent Corp. COHR

Company Overview

Coherent Corp. is a U.S.-based photonics and advanced materials company that develops and manufactures lasers, engineered materials, optical components, networking products, and semiconductor-related technologies for industrial, communications, electronics, and scientific applications. The company operates across multiple high-technology industries including semiconductor manufacturing, optical networking, aerospace and defense, consumer electronics, electric vehicles, and life sciences. Revenue is primarily generated through the sale of photonics systems, compound semiconductor materials, optical transceivers, laser systems, and precision manufacturing technologies used by OEMs and industrial customers worldwide.

The company traces its origins to II-VI Incorporated, founded in 1971 and historically focused on engineered materials and optoelectronic components. In 2022, II-VI completed its acquisition of Coherent, Inc., a major laser technology company, in a transaction valued at approximately $7 billion. Following the acquisition, the combined company adopted the name Coherent Corp. The merger significantly expanded the company’s scale across industrial lasers, optical communications, silicon carbide materials, and semiconductor manufacturing technologies, positioning it as one of the largest vertically integrated photonics companies globally.