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30 Nov 12
Osram to shed 4700 jobs as Siemens revives spin-off plans

Engineering giant plans to retain a 20% stake in its subsidiary as the industry transformation to digital lighting accelerates.

30 Nov 12
LightPath lands $1.1M supply deal

Orlando-based optics firm will provide lenses for high-end video gear.

28 Nov 12
El.En swings to profit as Cynosure stake is reduced

Italian laser company with a minority shareholding in US-based Cynosure reports a 26% increase in revenues.

26 Nov 12
Trumpf sets up scientific laser venture

Collaboration with attosecond pulse pioneer Ferenc Krausz is based on company’s disk laser technology.

26 Nov 12
Photop snaps up Oclaro filter business

$27 million cash deal will see the thin-film filter operations in Santa Rosa, California, transfer to the II-VI subsidiary.

22 Nov 12
Cynosure raises $55 M in public offering

US firm specializing in laser and light-based systems for aesthetic applications may use additional cash to fund future acquisitions.

20 Nov 12
Materion nears completion of Barr thin-film coatings upgrade

End of 18-month expansion project at large-optics coatings facility in Westford, MA, is in sight.

19 Nov 12
Concentrated PV investment pushes Soitec to €70 M operating loss

But the diversifying semiconductor materials company says that its cash situation is “under control”.

16 Nov 12
Semiconductor equipment book-to-bill continues slide

Key metric highlights ongoing slump in demand for manufacturing equipment.

15 Nov 12
DigitalOptics slashes workforce by 180

Tessera subsidiary’s Tel Aviv and Charlotte facilities set to close as company focuses on core MEMS camera module business.

14 Nov 12
Conference considers routes to EU funding

Photonics business and academic communities learn of EU and UK R&D funding opportunities.

14 Nov 12
UK university dispenses photonics advice

UK Midlands entrepreneurs to receive £600,000 business boost from Aston University.

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