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Business briefs

17 Jun 2002

In this week's briefs Philips Optics gets a name change and Uniroyal Technology reports record sales.

  • UK-based Cambridge Display Technology, has licensed its light-emitting polymer technology to MicroEmissive Displays (MED), a start-up company based in Edinburgh. MED will use this technology to manufacture and sell miniature displays, and it plans to have a full commercial launch during 2002.

  • Philips Optics, a subsidiary of Philips in the Netherlands, is to change its name to Anteryon. The company will continue to develop solutions in optical interface technology for the telecoms, levelling and metrology, mastering and data storage industries.

  • Photon Vision Systems has appointed SVS-VISTEK as its official distributor in Germany. The company hopes that this appointment will meet the growing demand for CMOS technology in industrial, scientific and medical communities.

  • Hungarian firm LaserBit Communications, developer of laser-based communications systems, has opened a UK office to support its current and future UK customers. A recent report from Merrill Lynch predicts that the market for free-space optics (FSO) transmission systems, such as those developed by LaserBit, is likely to grow from its current value of USD 100 million to some USD 2 billion in five years.

  • Uniroyal Technology's compound semiconductor and optoelectronics segment in the US has reported its highest sales figures during September. As manufactures of high-brightness red, green, blue and ultraviolet LEDs, these figures represent an increased demand for this technology in a rapidly growing market.

  • Exotic Electro-Optics, a subsidiary of US company II-VI, has been awarded a multiyear contract worth USD 12 million to build infrared targeting and navigation systems. Northrop Grumman Electronic Sensors and Systems will use these systems to upgrade F-16 aircraft.

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