10 Sep 2007
Featuring news from Hexagon, Syntune, Dow Corning, Osram, Seoul Semiconductor, Logitech and others.
• Swedish firm Hexagon has entered into an agreement to acquire all outstanding shares of CogniTens, a 3D non-contact measurement technologies company based in Israel. CogniTens' sales in 2007 are estimated to be approximately $8 million, and the company has distribution and sales channels in the USA and Japan. The acquisition is said to give Hexagon entry to the non-contact shop floor measurement and scanning segment of the metrology market, and position it in all segments of the non-contact sheet metal market. CogniTens is predicted to break even during the second half of 2007 and contribute to Hexagon's earnings during 2008.
• Syntune, a developer of single-chip tunable lasers, has announced that it has closed a second round of financing worth SEK 47.8 million ($7.1 million). The round was led by InnovationsKapital of Sweden, along with Teknoinvest, Vision Capital and existing private investors. The funding is said to enable Syntune to ramp up production and grow its customer base for both first generation tunable products and second-generation 10 Gbit/s tunable transmitter products.
• Two potting agents and an encapsulent from Dow Corning's Solar Solutions Group have been approved for solar applications, according to the company. PV 6010 cell encapsulant forms a clear, durable protective laminate layer over the surface of photovoltaic solar energy cells, providing corrosion and delamination protection, along with electrical, high-temperature and ultraviolet resistance. PV 7010 and PV 7020 potting agents are designed to insulate and protect cells' electrical junction boxes from moisture, heat and environmental conditions.
• A cross-license agreement between Seoul Semiconductor and Osram will see the two companies share their patents pertaining to white and visible LED technologies. The two parties will refrain from raising objections against patent rights pertaining to these products, and will cooperate in defending these rights. Additionally, Seoul Semiconductor will be able to further strengthen its position in high-brightness and energy-efficient LED lighting solutions, according to the company.
• The first Logitech webcams designed in collaboration with Carl Zeiss, the QuickCam Pro 9000 and the QuickCam Pro for notebooks, have been released. Both companies believe that the exclusive relationship marks a significant step in the development of webcam optics, and will result in improved image quality for video calling and sharing.
• ADVA Optical Networking, a provider of optical and Ethernet network solutions, has appointed Christian Unterberger chief sales officer as of October 1st 2007, when he will also join the executive management team. His responsibilities will be to enhance the company's global sales strategy, including direct, reseller and OEM channels, and expand the regional sales organizations. Deputy CEO and COO Jürgen Hansjosten will continue to oversee daily global operational responsibility.
• Aculight, a US developer of laser technologies, has hired two new scientists. Shawn Redmond has joined from Northrop Grumman as senior scientist specializing in high-power laser technology. Dan Hu has joined as senior scientist/project manager to support the company's line of high-power fiber laser modules, having previously worked at Spectra Physics.
• Larry Roberts has been appointed director of engineering by J P Sercel Associates. Roberts has 40 years' experience in engineering and management, and was previously engineering manager/principal engineer at Laurier.
• Dino DiCamillo has joined ART Advanced research Technologies, a Canadian supplier of optical molecular imaging products for healthcare and pharmaceutical industries, as vice president of global sales and marketing, preclinical imaging. His primary responsibility will be to grow the market share for ART's preclinical products through direct distribution channels for the company's Optix optical imaging system in North America and Europe.
ART also announced a collaboration agreement with the National Research Council of Canada's Institute for Biological Sciences, for the development of client-oriented diagnostic applications using ART's time domain technology in the emerging discipline of molecular imaging. The partnership will consist of service, research and development activities.