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Business News
01 Aug 19
VCSELs a rare bright spot as auto slump squeezes Osram

Lighting and photonics technology firm posts a net loss of €35M as quarterly revenues tumble.

31 Jul 19
Coherent swings to loss amid trade tensions and fiber laser pressure

US laser firm consolidates fiber laser operations in Europe, and pivots away from cutting applications.

30 Jul 19
IPG outlook dimmed by 'escalating' trade conflict

Fiber laser giant says recovery in China has been reversed by geopolitical tensions, with Brexit complications only adding to the uncertainty.

30 Jul 19
Cognex sales down as key markets slump

Simultaneous slowdown in automotive and consumer electronics sectors hits machine vision firm's financial results.

29 Jul 19
FLIR continues acquisition spree with New England Optical Systems

Deal to buy Massachusetts-based infrared lens specialist revealed during latest earnings call.

23 Jul 19
Intevac wins $40 M night vision contract

US government continues to invest heavily in military camera and sensing technologies for aircraft and warfighters.

17 Jul 19
ASML on the up despite wider semi slowdown

Lithography giant says strong EUV orders and demand for logic devices is helping it buck the downward trend.

17 Jul 19
Wyant College ophthalmology tech backed by Arizona capital fund

'iCrx' laser phoropter can automatically determine visual prescriptions in just 20 seconds.

15 Jul 19
Luminar lidar to hit the road in 2022 with 'sub-$1000' price tag

Launch of 'Iris' product sketched out as Californian startup passes $250 million funding milestone.

09 Jul 19
Cisco targets silicon photonics again with $2.6BN Acacia bid

Provider of coherent optical interconnects expected to help the telecoms giant meet escalating data demand.

08 Jul 19
European Investment Bank supports Mauna Kea

French developer of optical biopsy technology says it has received first tranche of €11.5 million loan on favorable terms.

08 Jul 19
Osram bosses back private equity takeover

€3.4 billion bid for lighting giant from Bain Capital and Carlyle Group will require 70 per cent shareholder support.

 
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