Developer of compact ultrafast lasers for medical and industrial applications wins investment from Franco-Chinese private equity group.
The deal protects the Centre's future and does not break faith with UK taxpayers, says CIP.
Meeting EUV source development targets is the top business priority in 2012 for the San Diego developer of light sources for lithography.
Shares in the laser company fall sharply in early trading after sales dip 22% sequentially.
Major bondholders of the troubled solar company will own 95% of a nearly debt-free enterprise – provided that existing shareholders agree.
The Germany-headquartered firm reports a 14% increase in sales from its lasers and optical systems segment in 2011.
A resurgence in equipment spending by customers led to a huge increase in quarterly bookings for the company.
The Thailand floods affected the company's revenue figures, but its product lines are returning to full capacity.
Going through something of a revolution itself, the world’s largest lighting company wants to accelerate the solid-state transformation.
Laser giant sees early signs of recovery in the semiconductor sector, and hopes for credit easing in China.
The company has now seen ten sequential quarters of growth, but warned that 2012 will pose some challenges.
Diversity of laser applications to industry has helped pull the business out of recession.
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