Coherent Corp. operates through three primary business segments: Networking, Materials, and Lasers. The Networking segment, which is the company's largest revenue driver, provides transceivers, modules, and semiconductor devices critical for data centers and communications networks. The Materials segment focuses on engineered materials, laser optics, thermoelectric components, and advanced ceramics, including silicon carbide substrates. The Lasers segment offers excimer, solid-state, and CO2 lasers used in semiconductor capital equipment, display manufacturing, and precision industrial processing. Originally founded as II-VI Incorporated, the company adopted the Coherent Corp. name following its $7 billion acquisition of Coherent, Inc. in 2022. The company operates globally, with manufacturing and research facilities across North America, Europe, and Asia.