Californian firm re-organizes business around lasers, optics and photonics; writes down Ophir acquisition loss.

Sales of fiber lasers grew sharply once again, but hard-to-please analysts had been expecting more.

Revenues were up 4% in first quarter, despite weak US demand and a slump in sales of ophthalmic systems as the firm introduced a new OCT model.

Sharp drop in sales and orders, but CEO Nick Konidaris sees major opportunity in laser machining of Corning’s new “Concore” glass for smart phones.

Industrial laser firm posts solid increase in sales, but delays roll-out of new 200W pump modules for its high-power fiber lasers.

Lasers & Photonics Marketplace Seminar hears cautious but positive forecasts.

The German laser firms, both specialists in laser diode technology, take their long-standing collaboration a step further.

Lithography and laser annealing equipment firm expects to carry on bucking the semiconductor market trend with continued growth in 2013.

Commercial lasers division registers 20% year-on-year uptick in sales; expects network spending increase in the spring.

Auto manufacturers looking to use remote laser welding processes could benefit from merger of the two scanning specialists.

But the Germany-headquartered optics firm expects sales to rise only 5% in 2013 due to adverse economic conditions.

Buy-out of ophthalmic laser firm worth up to €450 million was initiated in September 2011.