New purpose-built facility for laser processing of medical devices set to open in December.
Strengthens portfolio for Internet of Things apps based on connected lighting in industrial buildings.
Investment by Bocap intended to double Finnish firm’s sales to €20 million.
Stock price at lowest valuation since financial crisis as LED maker seeks new CEO.
Partnership deal with the car parts giant includes minority investment in the Israeli startup.
New state-of-the-art facility for optics and optofluidics activity should be up and running next year.
Strong demand across the photonics landscape as Jenoptik, Basler and SLM Solutions post their latest financial results.
Stock price up sharply as restructure puts the laser micromachining systems firm on a more profitable footing.
More venture capital cash for key photonics technology seen as critical for safe navigation of autonomous vehicles.
2017 saw first annual revenue to exceed $1 billion, up 11% on 2016; but outlook remains uncertain due to customer overstock.
Additional VCSEL capacity acquired in $80M purchase from Kaiam, which bought the facility just three months ago.
Component and module maker posts 47% year-on-year rise in annual sales as profits surge.
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