Japanese giant’s optics unit acquires the German provider of lighting metrology equipment started up by Distl in 1986.
Raymond Wu, co-founder of the US imaging sensor maker, rejoins the company as it looks to diversify and restore profitability.
Engineering giant plans to retain a 20% stake in its subsidiary as the industry transformation to digital lighting accelerates.
Orlando-based optics firm will provide lenses for high-end video gear.
Italian laser company with a minority shareholding in US-based Cynosure reports a 26% increase in revenues.
Collaboration with attosecond pulse pioneer Ferenc Krausz is based on company’s disk laser technology.
$27 million cash deal will see the thin-film filter operations in Santa Rosa, California, transfer to the II-VI subsidiary.
US firm specializing in laser and light-based systems for aesthetic applications may use additional cash to fund future acquisitions.
End of 18-month expansion project at large-optics coatings facility in Westford, MA, is in sight.
But the diversifying semiconductor materials company says that its cash situation is “under control”.
Key metric highlights ongoing slump in demand for manufacturing equipment.
Tessera subsidiary’s Tel Aviv and Charlotte facilities set to close as company focuses on core MEMS camera module business.
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