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Business briefs

02 Jun 2006

Including news from Corelase, Edmund Optics, Uni Light Technology, OpSec and more.

General company news:

•  Edmund Optics (EO) has opened an office in Seoul, Korea, and launched a Korean-language version of its catalog. EO Korea will provide technical support to customers and distributors in the region. The company says it now offers service in eight languages through 10 international facilities.

•  Corelase of Finland, a manufacturer of high power fiber laser products for materials processing applications, has teamed up with US-based consultant Ergolase Inc to expand its presence in the US. "Our aim is to become the supplier of choice for both pulsed and CW high power fiber lasers, and this partnership brings us a step closer to that goal," said Harry Asonen, president of Corelase.

•  Taiwan-based Uni Light Technology has ordered another Thomas Swan MOCVD reactor, which Aixtron of Germany is expecting to ship during the second quarter of 2006. The system, a CCSTM 19x2" multiwafer machine, will be used to develop and manufacture GaN-based epitaxial wafer materials for LED devices.

•  Cree, US, has announced that its long-standing Japanese distributor Sumitomo will purchase $180 million of its LED and wafer products during Cree's fiscal year ending June 2007. The deal is a 10% increase on Cree's current estimate for fiscal 2006 sales to Sumitomo.

•  Universal Display Corporation has been awarded a $100,000 contract by the US Navy to prototype a full-color, active-matrix OLED display built on metallic foil. Designed to be worn on the wrist, the flexible panel will form part of a wireless communications device and will use poly-silicon backplane technology from the Palo Alto Reseach Center.

•  US-based Opsec, a division of Application Optical Technologies specializing in anti-counterfeiting technologies, is acquiring GenuOne for $13 million in cash. GenuOne is based in Boston, US, and currently serves 45 global brands including XEROX, New Balance Athletic Shoes, Intel, Cisco and Dell.

•  Auction firm Hilco Organisation has added another division to its successful European operation. Hilco Industrial Europe will consolidate existing activity in the industrial acquisition and disposals market, maximizing the monetary value of surplus capital equipment and inventory. John Moore, most recently with DoveBid and previously with Henry Butcher, will head the new team.

•  Data conversion expert Acqiris says it has segmented its business into Commercial and Industrial, Defense and Aerospace, and Research and Education divisions to focus on its three primary markets.

•  NEC LCD Technologies will begin shipping samples of its 4.3-inch diagonal amorphous-silicon, TFT LCD module this month. The screen has an aspect ratio of 16:9, a resolution of 480x272 pixels and a luminance of 350 cd/m2. The display is said to be ideal for use in portable devices such as PDAs and GPS units.

•  JDSU has added a new color-shifting effect to its range of anti-counterfeit optical technology. According to the firm, "SecureShift" protects more than $70 billion worth of branded products each year, including 40 prescription drugs.

•  Epson has begun volume production of its 0.6-inch (1024 x 768 pixel) high-temperature polysilicon (HTPS) TFT panels for data projection applications. Offering the same level of brightness as existing 0.7-inch panels, the firm says that its new devices provide a more compact and affordable solution.

Mad City Labs, Inc.LASEROPTIK GmbHFirst Light ImagingAlluxaCHROMA TECHNOLOGY CORP.Berkeley Nucleonics CorporationSPECTROGON AB
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