Company developing artificial vision for blind people for past 20 years lays off the majority of its workforce with immediate effect.
Semiconductor equipment giant is working through Chinese shipment delays and supply chain disruption.
Maker of machine vision components anticipates gradual improvement in China amid sharp decline elsewhere.
Acquisition of Japan-based firm intended to maximize synergy through combined technologies.
Coronavirus emergency expected to hit consumer and automotive sectors hardest, thinks the German optics company.
Sensor firm says €1.65 BN rights issue partially funding the merger is proceeding as expected.
Munich-based MEMS lidar startup wins backing from Continental and Osram, among others.
Ahren Innovation Capital makes the silicon photonics technology developer its latest investment.
BridgeComm says its global network of optical ground stations will be used to transmit imagery from HySpecIQ low-Earth orbit constellation.
Strategic funding intended to help accelerate commercialization of new high-speed photonic links.
Nasdaq-listed Ansys wants to apply Lumerical tools in 5G networks and autonomous vehicles.
Despite virus-related revisions to the industry association’s current forecast, a sharp uptick in purchasing is expected next year.