 SANTA CLARA, Calif., March 12, 2021 PRNewswire -- Coherent, Inc. NASDAQ: COHR today announced that the companys board of directors, in consultation with its financial and legal advisors, has determined that a revised acquisition proposal Coherent received from II-VI Incorporated NASDAQ: IIVI on March 11, 2021 constitutes a Company Superior Proposal under the terms of Coherents pending revised merger agreement with Lumentum Holdings Inc. NASDAQ: LITE dated March 10, 2021. 