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25 May 11
LASER 2011: Trumpf reveals huge VW order

The German laser systems company has sold 50 high-power disk systems to car maker Volkswagen, for delivery over the next two years.

24 May 11
LASER 2011: German laser industry resurgent

VDMA market assessment prompts positive forecast for laser industry, but a serious shortage of skilled labor looms.

20 May 11
Opnext boosted by Japan recovery

Despite some lingering concerns over the supply of lasers, the component maker has recovered well from the impact of the devastating earthquake.

19 May 11
Palomar and Candela head to court for patent case

Judge sets October trial date for laser hair removal case as Candela's parent company Syneron reports a sharp increase in sales.

18 May 11
Oclaro targets fiber laser expansion

As new entrants line up to challenge IPG, Oclaro is aiming to become the primary merchant supplier of power diodes for fiber laser systems.

18 May 11
Elbit lands $20M electro-optics contract

Unspecified Asian country places major order for optical surveillance kit, but electro-optic sales decline at the Israeli defense firm.

17 May 11
Laser sales up as GSI settles case with SEC

Reorganized and once again listed on the Nasdaq exchange after emerging from bankruptcy, GSI Group plans to refinance its debt later this year.

17 May 11
Photonic Products prioritizes debt reduction

Precision optical component manufacturer negotiates two-year extension to loan notes and focuses on cost reduction.

13 May 11
FLIR, Laser Devices linked to $330M Saudi deal

Saudi Arabia requests to purchase a range of night vision equipment, with the prime contractors set to be FLIR and Laser Devices.

13 May 11
Q-Cells cuts production forecast on weak demand

Sales fall sharply at the major German cell and module manufacturer, due to both seasonal effects and weakness in Italy and France.

12 May 11
Semicon and medicine propel Zeiss growth

Giant German optics firm reports a 19% revenue jump in the first half of its fiscal year, with semicon and medical markets leading the way.

11 May 11
CVI Melles Griot sold to IDEX Corp for $400M

*updated* Private equity firm Norwest sells one of the best-known brands in photonics, eight years after buying what was then known as CVI Laser.

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