Coherent (former II-VI)

Coherent Corp. is a global leader in materials, networking, and lasers for the industrial, communications, electronics, and instrumentation markets. Headquartered in Saxonburg, Pennsylvania, the company employs approximately 26,157 people worldwide and has a market capitalization of $17.574B. Coherent designs, manufactures, and markets a diverse portfolio of products including lasers, optical components, compound semiconductors, and precision optics. The company was formed through the merger of II-VI Incorporated and Coherent, Inc. in July 2022, creating one of the largest photonics and laser technology companies globally. Their product portfolio includes high-power industrial lasers, optical communications components, silicon carbide substrates for power electronics, 3D sensing technology, and advanced materials for semiconductor manufacturing. Key products include the HighLight FL fiber lasers for industrial cutting and welding, Monaco ultrafast lasers for precision micromachining, and silicon carbide (SiC) substrates used in electric vehicles and renewable energy applications. The company operates manufacturing facilities across North America, Europe, and Asia, serving a diverse global customer base across multiple industries.