Lumentum Announces Receipt of Antitrust Clearance in China and Expected Closing Date of Its Acquisition of Oclaro

MILPITAS, Calif., Dec. 6, 2018 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced, in connection with its pending acquisition of Oclaro, Inc. ("Oclaro"), that it has obtained antitrust clearance from the People's Republic of China's State Administration for Market Regulation. This clearance satisfies the acquisition's closing condition regarding the receipt of antitrust approval in the People's Republic of China. As such, Lumentum currently expects that the Oclaro acquisition will close on or around December 10, 2018.

About Lumentum

Lumentum (NASDAQ: LITE) is a market-leading manufacturer of innovative optical and photonic products enabling optical networking and commercial laser customers worldwide. Lumentum's optical components and subsystems are part of virtually every type of telecom, enterprise, and data center network. Lumentum's commercial lasers enable advanced manufacturing techniques and diverse applications including next-generation 3D sensing capabilities. Lumentum is headquartered in Milpitas, California with R&D, manufacturing, and sales offices worldwide. For more information, visit www.lumentum.com.

Contact
Investors: Chris Coldren, 408-404-0606; investor.relations@lumentum.com 
Media: Greg Kaufman, 408-546-4235; media@lumentum.com

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