Optics.org
daily coverage of the optics & photonics industry and the markets that it serves
News
Menu
Business News
19 Nov 19
Lumenis transfers to new private equity owner in $1BN deal

Israel-headquartered medical laser firm set to become part of Baring Private Equity Asia.

19 Nov 19
nLight adds laser weapons expertise with Nutronics acquisition

Cash-plus-stock deal to buy Colorado firm adds beam-combining knowledge; also boosts fiber laser firm's stock price.

13 Nov 19
Acquisitions keep Jenoptik sales on track

Solid demand in North America also helps offset wider macroeconomic weakness at German photonics firm.

13 Nov 19
Excited II-VI looks to disrupt status quo

Addition of Finisar business offers new opportunities in InP lasers, but Texas VCSEL fab is hit by shipment delay.

12 Nov 19
Osram chiefs back improved ams bid

CEO of lighting technology giant says that employees in German factories would be protected from merger-related layoffs for three years.

07 Nov 19
Luna raises 2019 forecast on back of ‘strong’ Q3 results

Optical sensor and network test developer buoyant, after revenues of $18.4M for latest three months' trading, up 72% on 2018.

06 Nov 19
Coherent looks to innovate amid 'irrational' competition

Weak materials processing market and aggressive fiber and laser diode pricing hit sales in latest quarter.

05 Nov 19
nLight sales dented by China competition

US firm launches two new 'Corona' products and a fiber laser welding portfolio as trade tariffs bite into profits.

01 Nov 19
Lumentum reports positive Q1 2020 trading, with revenue of $450M

CEO hails "increased scale resulting from organic growth, market share gains and the Oclaro acquisition."

30 Oct 19
Upbeat MKS feels traction with UV picosecond lasers

Stock price approaches record high as the diversified industrial equipment firm prepares for CEO switch.

30 Oct 19
Smart phone slump hits Cognex profits

Sales down 20% year-on-year as machine vision company targets growth areas in logistics and deep learning.

29 Oct 19
IPG cuts 300 jobs as sales slide again

Stock price down sharply as the Nasdaq-listed company reports subdued demand for industrial fiber laser tools.

Copyright © 2019 SPIE EuropeDesigned by Kestrel Web Services