French firm hopes that expanding medical laser business will help it bounce back from the impact of the pandemic.
Laser giant also posts 8% decline in sales in preliminary results for latest financial year.
Robert Mehrabian, Executive Chairman says, "much uncertainty remains in 2020; we do not know the pace of recovery."
As part of deal, Trumpf also selling stake in BeSpoon, a developer of software and UWB chips for indoor localization.
CEO says business operations returned to normal in recent weeks; now expects 'growth year' in 2020.
Long-running acquisition saga comes to fruition following European Commission approval.
Netherlands-based photonic integrated circuit (PIC) wafer foundry backed for expansion by local venture group.
Two-stage deal to buy optics metrology firm is expected to complete by the end of next year.
SPI products now available via Trumpf sales channels following rebranding of UK-headquartered fiber laser subsidiary.
Photonics company looking to exploit high current stock price to help repay borrowings.
Japanese company has been making and selling cameras since 1936, but is now much more focused on medical technologies.
Lighting and photonics giant now expecting revenues to decline 35% in current quarter; UV-C lamps approved for coronavirus disinfection.