A leading technology company is investing $2 billion into Butler County-based Coherent.
Nvidia announced the major investment into Coherent, which was formerly known as II-VI (Two-Six).
The investment will allow Coherent to expand their photonics technology, which refers to harnessing light to create components and systems that enable optical applications.
The agreement also includes future access and capacity rights for advanced laser and optical networking products.
“This strategic relationship underscores Coherent’s role as a key enabler of next-generation AI data center infrastructure,” Coherent CEO Jim Anderson said. “We are proud to expand our 20-year relationship with NVIDIA by increasing their access to include multiple product families to help them build the AI data centers of the future.”
