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25 Oct 12
FLIR buys Lorex; trims full-year outlook

Acquisition of Canadian provider of consumer video surveillance equipment set to cost FLIR Systems CAD$59 million.

24 Oct 12
IDEX sees optics uptick as cost-cutting nears completion

Bounce-back in sales for life sciences applications and improving orders as the CVI Melles Griot parent nears cost-cutting completion.

24 Oct 12
Laser vendors stay cautiously optimistic

Longbow Research finds industrial demand staying positive and fiber lasers gaining market share in the third quarter of 2012.

23 Oct 12
II-VI appoints new CTO as earnings slump

The diversified optics firm benefits from laser investments by the US automotive industry, but Japanese and European economies put a drag on demand.

22 Oct 12
Cree looks to close LED price gap

US maker of LED chips and solid-state lighting products is now selling lots more lumens for every dollar of its sales revenue.

19 Oct 12
Schott to manufacture covert laser communications technology

Defense division of the optics giant’s North American subsidiary agrees a deal with Space Photonics.

18 Oct 12
Trumpf laser sales jump 24%

Demand from automotive industry and for fiber lasers helps drive Trumpf to record-breaking revenue figure.

17 Oct 12
ASML to buy Cymer in €1.95BN deal

Lithography giant set to acquire its key provider of light sources in a bid to accelerate move to extreme ultraviolet systems.

15 Oct 12
Solyndra strikes back with $1.5BN China lawsuit

As import tariffs on Chinese PV products are confirmed by the US Department of Commerce, the infamous thin-film PV firm accuses Suntech and others.

12 Oct 12
Edmund Optics restructures its manufacturing base

Expansion of Asian plants and restructuring of US facilities seen as crucial for future development.

11 Oct 12
e2v sales down 9% as defense demand cools

The high-reliability semiconductor and imaging component manufacturer is expanding in Asia, but restructuring in the UK.

10 Oct 12
Analyst: LED phosphor market to reach $1BN by 2015

But Yole Développement report says that shortage of rare-earth elements could persist as incandescent lamps are phased out.

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