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17 Aug 16
Velodyne agrees $150M investment deal to scale auto lidar

Huge financing from Ford and Chinese search engine giant Baidu will accelerate mass production of lidar sensors for autonomous vehicles.

16 Aug 16
UV-LED maker Nikkiso buys AquiSense in $9.3M deal

US-based AquiSense, which specializes in UV disinfection modules, becomes subsidiary of large Japanese industrial firm.

15 Aug 16
Asia growth spurs Carl Zeiss Meditec

Solid-looking financial results posted ahead of ophthalmology reorganization.

11 Aug 16
Earnings up at steady Jenoptik

German optics firm appears well on track to meet 2016 expectations, despite Brexit vote and upheaval in Turkey.

10 Aug 16
'Refocused' Rubicon reviews its options

Sapphire crystal grower has already switched priorities to optical applications as overcapacity continues to plague key LED epiwafer market.

10 Aug 16
Lumentum riding high on datacom and laser demand

Stock reaches highest valuation since split from JDSU almost exactly a year ago.

09 Aug 16
High-power fiber laser unit sales up 25% at Rofin

Industrial laser firm reports lower total sales but higher profit margins ahead of planned merger with Coherent.

09 Aug 16
Israel lidar firm bags $9M venture backing

Another new entrant in automotive lidar for autonomous vehicles, Innoviz was set up by former Israeli intelligence officers.

09 Aug 16
LightPath expands with ISP Optics deal

$18M acquisition of infrared optics firm with operations in Latvia relies on loan note to the vendors and cash raised through stock offering.

08 Aug 16
Universal Display slips on sales outlook

But the organic LED materials firm says revenue delay is only temporary as customers gear up for capacity ramps next year.

05 Aug 16
Auto tech firm ZF buys into lidar with Ibeo deal

Friedrichshafen company buys 40% stake in Hamburg-based Ibeo Automotive Systems; eyes ‘mirror-free’ scanning.

03 Aug 16
II-VI focused on VCSEL build-out amid CEO switch

Outgoing chief Fran Kramer set to continue in chairman role as Chuck Mattera steps up to lead device ramp for sensing applications.

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