Lumentum Holdings Inc. (NasdaqGS:LITE) is looking for acquisitions. Alan Lowe, Chief Executive Officer, said "our balance sheet is still strong enough to be able to think about other acquisitions. And I think we have a funnel of them that we look at all the time and -- but our short-term focus right now is make sure we do this acquisition to the best of our ability and get the financial results to our shareholders that they deserve and then think about the next one".