23 Apr 2007
Featuring news from Tarquin, DIPIX, BT, IPG, Research and Markets, Rofin-Sinar, Rohm and Haas, Litetec, Avanex, Newport, QPC and TXP.
• IPG Photonics has acquired its distributor in China, HM Laser, and is opening a new office in the Beijing Development Zone to be called IPG (Beijing) Fiber Laser Technology. The office will open in summer 2007 and be headed by Jun Shao, general manager of IPG China and formerly president of HM Laser.
• QPC Lasers, California, developer of semiconductor lasers, has completed a $7.4 million private financing through the sale of convertible debentures and warrants. The securities were privately placed with a mix of institutional and accredited investors.
• Rofin-Sinar has acquired ES Technology, Oxford. ES develops customized laser marking system solutions, and distributes optical devices and components into Northern European territories from several American suppliers. Andrew May, managing director of Rofin-Baasel UK Ltd, will be appointed managing director of ES Technology Ltd, and Greg Sharp-Dent will continue as ES technical director. Rofin has recently acquired Corelase, Finland, and m2k-laser, Germany.
• Avanex, California, has sold 90% of its French subsidiary Avanex France and its laser, terrestrial pump, submarine pump and fiber Bragg grating product lines to Global Research Company and the current Avanex France management. The purchasers have renamed the company 3S Photonics. Avanex will continue to maintain an innovation center in France developing transmission products.
• Rohm and Hass is to acquire Kodak's Light Management Films business, in a transaction expected to close in the first half of 2007. Rohm and Haas will acquire manufacturing assets in Rochester, NY, and 125 employees associated with the Kodak business in Rochester, Taiwan, China, Japan, and Korea will join Rohm and Haas Electronic.
• BT Openreach has announced it will re-examine its policy on fiber optics in the UK, as the price of copper cabling rises. BT's network currently has 120 million km of copper wires and 2 million km of fibre optics. A shift to fiber would benefit homes and business located large distances from the nearest exchange, but the change would require regulatory approval by Ofcom.
• The Frost & Sullivan Report World Carbon-dioxide and Solid-state Lasers Markets is available from Research and Markets. The report examines carbon dioxide lasers, solid-state lasers markets and their applications in machine tool, medical, science and research, and other industries.
• Tarquin, Canada, supplier of laser test, measurement and control solutions, is to buy DIPIX Technologies in an all-stock transaction. DIPIX designs and implements automated inspection solutions for the processed food industry, and the deal values DIPIX at approximately $0.4 million. Tarquin expects to close the transaction in the first quarter of the fiscal year.
• Litetec, UK, supplier of optics and fiber optics components, will open a new fiber optic manufacturing facility in Yorkshire, UK. Geoff Miles has been named as general manager of the new facility.
• TXP, Texas, has appointed Masoud Vaziri as vice president of photonics. He will oversee the company's photonics laboratory, and support interoperability activities and new product development.