Diverse laser and photonics technology company to refocus divisions on markets - but no job cuts or closures are planned.
Both production and sales of German industrial laser systems last year exceeded all performance indicators from elsewhere.
Investment in fiber-optic sensing systems for oil prospecting and delivery reduced and delayed - but growth will return say analysts.
UK the only bright spot as the European Photovoltaic Industry Association (EPIA) issues preliminary results of its annual survey.
GO Scale Capital, part-funded by China's GSR Ventures, to acquire an 80% stake in Philips’ Lumileds and automotive lighting business unit.
Retinal imaging company is set to be acquired by Nikon in a £260M cash deal.
TracePro software used to produce custom-textured lens arrays as emerging technology offers prospect of “mass customization”.
Market capitalization of the fiber laser firm now exceeds $5 billion.
Tim Losik reports first full year of positive operating income in nearly two decades.
Market research by Tematys finds the car industry to be a good business prospect for photonics manufacturers and reveals the in-demand technologies.
Closure of Chelmsford, Massachusetts, manufacturing and development site will see loss of 45 jobs.
Another record-breaking year beckons for the US photovoltaics market as installers race to complete utility-scale projects before the end of 2016.
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