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Business News
15 Jun 16
Investors sink $50M into VR startup Meta

Developer of 'augmented reality' headsets claims advanced optics will create disruptive computing experience.

09 Jun 16
Gooch & Housego half-year results pick up after slow start

First quarter was "weak" for diverse UK-based optical systems developer but Q2 order boost reflects positively.

07 Jun 16
Huber+Suhner acquires optical networks developer Polatis

Latest acquisition of optical connector specialist follows buyout of WDM-focused Cube Optics in 2014.

01 Jun 16
Jenoptik gets into the groove with $15M Michigan campus

Technology center in Madonna’s home town of Rochester Hills will involve expansion of laser cutting systems.

01 Jun 16
Metamaterial Technologies acquires Rolith

Strategic Silicon Valley expansion boosts Canadian company's nanofabrication capabilities.

31 May 16
Intel gets into machine vision software

Chip giant has eye firmly on autonomous vehicle revolution with ‘Itseez’ acquisition.

31 May 16
Cloud, long haul drive 13% growth in optical comms sales

Following its acquisition of Alcatel-Lucent, Nokia debuts at #2, behind Chinese giant Huawei.

31 May 16
Philips Lighting holds solid gains after IPO launch

10% bounce maintained on Euronext Amsterdam debut suggests solid demand for new float.

24 May 16
Japan's Optex group buys UK's Gardasoft Vision

International security and sensing group adds booming LED lighting specialist to its roster.

18 May 16
e2v upbeat on strong imaging sales

Annual results show 17% rise in sales of imaging products thanks in part to strong pull from machine vision applications and Anafocus contribution.

17 May 16
Analyst predicts big changes in flow cytometry market

Compound annual growth rate of close to 10% tempered by high product costs, according to BCC Research.

16 May 16
Philips prices lighting division IPO

Industry giant looks to raise nearly €1 billion in historic separation of lighting business set up by founder Frederik Philips in 1891.

 
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