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Apple’s Face ID supplier has been acquired for $3.2 billion

[2018-11-09 13:52:04]

Finisar, supplier of the laser scanners used to enable Face ID in Apple’s latest iOS devices, has been acquired for a reported $3.2 billion. II-VI Incorporated, a leading producer of optoelectronic systems, announced its purchase on Friday. It expects to close the deal, which is expected to generate $2.5 billion in annual revenue, in mid-2019 ...

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