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Historical Archive

Business briefs

22 Nov 2002

Including news from Jenoptik, Carl Zeiss, Cree, Nichia and more.

•  Jenoptik of Germany has increased its stake in part-subsidiary Jena-Optronik, a German maker of optical and optoelectronic sensors for aerospace applications. Pending approval, Jenoptik's shareholding will increase from 49% to 75% while fellow part-owner Astrium's stake will decrease from 51% to 25%. Jenoptik says that the deal should help the company to exploit new markets in biotechnology and medicine.

•  A new planetarium in Beijing, China, will be the first to employ a laser projection system developed by Germany-based optics specialist Carl Zeiss. The laser display will be installed in a domed auditorium with 190 seats. The planetarium is part of a large science center in the Chinese capital, and is scheduled for completion late next year.

•  BTG, the UK-based technology investment firm, is teaming up with INO, a Canadian center for optical research, to investigate opportunities for commercialization. Through the agreement, INO will gain access to BTG's expertise in intellectual property and technology transfer, while BTG will benefit from INO's ability to assess and build prototype devices.

•  Cree and Nichia, two major developers of GaN-based LEDs and lasers, have signed a patent cross-licensing agreement. As a result, all ongoing litigation between the companies on the topic of nitride-based devices is being dropped. The announcement is the latest in a series of settlements between makers of blue and white light emitters.

Mad City Labs, Inc.LaCroix Precision OpticsAlluxaLASEROPTIK GmbHHyperion OpticsIridian Spectral TechnologiesBerkeley Nucleonics Corporation
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