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28 Jul 20
Orders down at Trumpf as Covid-19 'catalyzes' automotive slump

Laser giant also posts 8% decline in sales in preliminary results for latest financial year.

22 Jul 20
Teledyne Technologies second quarter sales dip 5% on Q2, 2019

Robert Mehrabian, Executive Chairman says, "much uncertainty remains in 2020; we do not know the pace of recovery."

21 Jul 20
Trumpf and STMicro partner on ultra wideband positioning systems

As part of deal, Trumpf also selling stake in BeSpoon, a developer of software and UWB chips for indoor localization.

15 Jul 20
ASML snaps up Berliner Glas as EUV orders near €10BN

CEO says business operations returned to normal in recent weeks; now expects 'growth year' in 2020.

09 Jul 20
ams finally seals Osram deal

Long-running acquisition saga comes to fruition following European Commission approval.

07 Jul 20
Smart Photonics bags €35M investment

Netherlands-based photonic integrated circuit (PIC) wafer foundry backed for expansion by local venture group.

07 Jul 20
Jenoptik set to expand again with Trioptics acquisition

Two-stage deal to buy optics metrology firm is expected to complete by the end of next year.

02 Jul 20
Trumpf takes SPI Lasers further under its wing

SPI products now available via Trumpf sales channels following rebranding of UK-headquartered fiber laser subsidiary.

01 Jul 20
II-VI plans to raise more than $750M with twin stock offering

Photonics company looking to exploit high current stock price to help repay borrowings.

25 Jun 20
Olympus to sell off historic imaging business

Japanese company has been making and selling cameras since 1936, but is now much more focused on medical technologies.

18 Jun 20
Osram could see €100M cash hit this year

Lighting and photonics giant now expecting revenues to decline 35% in current quarter; UV-C lamps approved for coronavirus disinfection.

16 Jun 20
Lumibird raises €36M in rights issue

Shareholders back acquisition strategy with oversubscribed fundraiser; Ellex acquisition gets approval.

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