UPDATE 2-Optics tech firm Lumentum buys Oclaro for $1.7 billion
March 12, 2018 at 11:03 AM EDT
March 12 (Reuters) - Laser and optical fiber specialist Lumentum Holdings Inc, seen by analysts as a parts supplier for Apple's Face ID technology, will buy optical components producer Oclaro Inc for about $1.7 billion in cash and stock.