Rochester, NY, firm buys into center of excellence in Aachen, Germany, with OLED market ambitions.
LED lighting firm had been due to share Buffalo manufacturing site with solar cell maker Silevo.
Surveillance and security business improves while Instruments and Maritime sales slide; currency swings hit profitability.
High-profile start-up is due to begin shipping its low-cost CO2 laser cutters in December.
Full-year sales of $900 million looking likely as the fiber laser giant reports further rapid growth.
Lithography and laser annealing system vendor blames economic uncertainty and 'capacity issues' affecting the semiconductor industry.
Committee on Foreign Investment in the US could scupper deal to sell Philips' San Jose-based LED lighting subsidiary.
Laser giant reports 17% rise in laser technology sales for latest financial year; expects 'major orders' for EUV soon.
UK terahertz inspection pioneer wins international backing for product, business development.
$10.6 BN takeover of KLA-Tencor by Lam sets up rival to Applied Materials and a huge purchaser of laser and photonics equipment.
Anzu Partners acquires photonics division from Philips-owned Volcano Corporation.
Lithography giant pushes back EUV schedule again but says that the technology remains the key to getting Moore's law back on track.
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