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Coherent Corp., formerly II-VI Incorporated, develops, manufactures, and markets engineered materials, optoelectronic components, and devices worldwide. II-VI serves the technology industries with a broad range of materials, components, and devices used in precision manufacturing processes. These products are available in numerous configurations for specific customer applications. II-VI Incorporated has its own strategic accounts, including 10 of the top 100 manufacturing companies in the United States. In recent years, the Company has expanded rapidly through acquisition. Customers include customers in the telecommunications equipment industry (including the optical network terminal market); space industry (primarily satellites) and other customers in military communications; high technology electronics manufacturing equipment; medical testing equipment; medical device industry; pharmaceuticals; biotechnology; academic research lamp industry; automotive electronics related markets (such as automotive headlights).