Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

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Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Legion Partners Comments on Sale of Vonage

Applauds Vonage’s Decision to Maximize Shareholder Value

Today, Legion Partners Asset Management, LLC (“Legion Partners”), a 2.2% beneficial, long-term stockholder of Vonage Holdings Corp. (NASDAQ: VG), issued the following statement regarding the news that Ericsson (NASDAQ: ERIC) will purchase Vonage for $6.2 billion in cash, or $21 per share.

Chris Kiper, Co-Founder and Chief Investment Officer of Legion Partners, stated:

“Legion Partners strongly supports Vonage’s decision to enter into this transaction, which we believe is an excellent outcome for all shareholders. We are pleased that our five-year collaboration with Vonage helped lay the groundwork for this important strategic transaction to unlock shareholder value, and commend the outstanding work done by CEO Rory Read and the entire Vonage Board for their continuous engagement and responsiveness to shareholder input over the years.”

As previously announced, Legion Partners entered into a Cooperation Agreement with Vonage in March 2019, pursuant to which Michael McConnell was appointed to the Vonage Board where he continues to serve as an independent director. Mr. McConnell serves as a member of the Nominating and Governance Committee, Audit Committee, and Transactions Committee (formed in February 2021).

About Legion Partners

Legion Partners is a value-oriented investment manager based in Los Angeles, with a satellite office in Sacramento, California. Legion Partners seeks to invest in high-quality businesses that are temporarily trading at a discount, utilizing deep fundamental research and long-term shareholder engagement. Legion Partners manages a concentrated portfolio of North American small-cap equities on behalf of some of the world’s largest institutional and high-net-worth investors. Learn more at www.LegionPartners.com.

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