Dec 07, 2022 / 11:30AM GMT
Meta A. Marshall - Morgan Stanley, Research Division - VP
All right, perfect. Let's get started here.
For all of those who don't know me, I'm Meta Marshall. I cover the Networking Equipment space here at Morgan Stanley. We are very pleased today to have Mary Jane Raymond, CFO of Coherent Corp. with us, formerly known as II-VI, the artist formerly known II-VI.
Questions and Answers:
Meta A. Marshall - Morgan Stanley, Research Division - VPAll right. So Coherent, or the now renamed Coherent, has traditionally been a very acquisitive company, with over 20 acquisitions in these many years. These acquisitions have typically or more traditionally have been tuck-ins in differentiated and attractive markets.
How does that remain the strategy of the company? And how has that evolved with some of the larger acquisitions we've seen over the last 5 years?
Mary Jane Raymond - Coherent Corp. - CFO & Treasurer
Yes. So the company's acquired 27 acquisitions in the last 25 years, and Meta is right. It's