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13 Dec 12
‘Quantum tech’ venture fund raises $30 million

New Boston-based venture group with photonics pedigree and strong Russian influence looks to fund breakthrough companies.

13 Dec 12
Zeiss 'in excellent shape' despite semiconductor drag on earnings

Weak semiconductor spending and investment in extreme UV technology dented profits in latest financial year.

11 Dec 12
Carl Zeiss Meditec shrugs off gloom with double-digit growth

Medical division of the optics giant reports a 19% increase in EBIT in latest fiscal year.

11 Dec 12
Avelas lands $7.65M to develop fluorescence cancer mapper

Venture-backed San Diego start-up wants to advance technology for visualizing spread of tumors towards clinical trials.

10 Dec 12
Asia demand keeps Andor upbeat

Asia-Pacific sales have helped to offset impact of “constrained” scientific budgets in the West, says the imaging sensor specialist.

06 Dec 12
Sagem and Thales transfer infrared expertise to Sofradir

Parent companies are set to equip their joint venture with the full range of infrared detector technologies.

05 Dec 12
Nokia Siemens Networks divests Optical Networks

Buyer Marlin Equity setting up Munich-based optical unit; NSN refocusing on mobile broadband.

05 Dec 12
Emerging markets ‘to stabilize’ solar PV sector

Analyst IHS is hopeful that new entrants will rekindle enfeebled solar power business.

04 Dec 12
Konica Minolta buys Instrument Systems from founder Richard Distl

Japanese giant’s optics unit acquires the German provider of lighting metrology equipment started up by Distl in 1986.

03 Dec 12
OmniVision founder returns as company president

Raymond Wu, co-founder of the US imaging sensor maker, rejoins the company as it looks to diversify and restore profitability.

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.

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