Business briefs
17 Jun 2002
Including news from Lumenis, ElectroniCast, OnStream MST, Cambridge Display Technology and more.
Medical equipment manufacturer
Boston Scientific, US, is to become the exclusive Japanese distributor for medical laser developer
Lumenis of Israel. The agreement covers holmium lasers and accessories manufactured by Lumenis for the treatment of urological disorders.
In addition, Lumenis has opened new headquarters in The Netherlands that will house its main distribution center outside the US. Lumenis has also launched a new facility in Switzerland for continued development of its product range. (See related
story.)
ElectroniCast, a US-based market analyst, has forecast that the global consumption of fiber-optic optoelectronic transmitter/receiver pairs will escalate at an annual growth rate of 39 percent per year over the next five years, to USD 20.5 billion in 2006. The company cites the dramatic demand for greater bandwidth as the main drive behind this increase.
OnStream MST and
Lion Photonix Technologies, both of The Netherlands, have teamed up to combine their expertise in integrated optics and microsystem technologies. They say that their partnership will provide OEM customers with a complete solution from design to production of micro-electromechanical systems.
Germany-based
Covion and
Cambridge Display Technology, UK, have joined forces to develop light-emitting polymers for full-color displays. This new agreement builds on an existing materials supply deal between the two companies.
UK-based
Surface Technology System (STS), a provider of plasma etch and deposition systems, is set to benefit from a manufacturing agreement with
Sumitomo Precise Products (SPP) of Japan. STS will receive licence fees for all systems manufactured by SPP for sale in Japan.
