So says parent company Newport, whose executives are in optimistic mood after an “outstanding” 2011 and strong start to 2012.
Acquisition "will accelerate client collaboration and product offerings throughout Europe", says the software company.
UK company plans consolidation after sales of Q-switch components used in industrial lasers are worse than expected.
Funding for thin-film solar cell developer and LED manufacturer show continuing support for cleantech.
Firm blames sluggish demand and the growing value of the Japanese yen as sales and profits both decline.
Regional sales were volatile in the fourth calendar quarter of 2011, with US down but other regions up.
There was 44% growth in LED lighting market but the total market for LED components will be 'flat' for the next few years.
Revenues from professional customers grow alongside a move towards direct consumer sales.
Replacement market is bright spot in solar market's "bleak picture"
Sovereign debt crisis cannot stop the optics-based medical technology company posting a 13.5% jump in sales.
Infrared sensor company’s revenues were down but earnings were up in the final quarter of 2011 thanks to lower costs.
Fiber laser specialist defies macroeconomic worries as 2011 income more than doubles from 2010 figure.
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