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24 Jul 24
Stemmer Imaging agrees private equity buyout

Machine vision firm signs takeover deal with US-based MiddleGround Capital.

23 Jul 24
Hesai boosted by Baidu robotaxi deal

Chinese firm set to provide thousands of its lidar sensors, in an exclusive deal said to be worth as much as $300M.

23 Jul 24
Eyewear giant to buy majority stake in OCT diagnostics pioneer Heidelberg

EssilorLuxottica set to acquire an 80% shareholding in Heidelberg Engineering.

17 Jul 24
Sales and orders down at Trumpf

Preliminary figures indicate near-10% fall in order intake for second year in succession.

17 Jul 24
Geopolitical fears weigh on ASML

Stock price drops from all-time high on speculation of new restrictions to activity in China.

16 Jul 24
Halo wins $80M to scale laser process for silicon carbide substrates

Stanford spin-out says it can halve the cost of semiconductor wafers on which high-efficiency power electronics are made.

11 Jul 24
Teledyne FLIR wins $15M weapon optics contract

Deal with NATO partner country to provide long-range thermal sights used by snipers.

10 Jul 24
Corning revenues boosted by generative AI's optical requirements

Glass and optical fiber giant says second-quarter sales will be around $200 million higher than previously expected.

03 Jul 24
onsemi grows sensing portfolio with SWIR Vision Systems

Acquisition of North Carolina startup gives the chip maker access to low-cost, high-resolution infrared sensors.

02 Jul 24
Nokia to beef up optical offering with Infinera deal

$2.3BN acquisition will see the Finnish technology giant take control of integrated photonics fab in Silicon Valley.

25 Jun 24
Wave Photonics secures £4.5M; launches quantum PIC package service

Cambridge, UK, startup aiming to mimic semiconductor industry's commercial foundry approach.

18 Jun 24
Yole trims automotive lidar expectations as prices drop

Analyst firm says shipments are ramping up but average selling prices are declining rapidly.

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