Valeant Pharmaceuticals will buy the ophthalmology giant for $8.7 billion, thanks to massive Goldman Sachs loan.

R&D only 10% of cost of productizing new laser; meaning market expertise is critical.

Mark Blodgett to move aside after 24 years at the helm of the LED illumination system and laser module supplier.

€2 billion cash-plus-stock acquisition clears final regulatory hurdle.

…but global markets diverge and reflect exchange rate swings, says Optech Consulting.

Lux Research and Solarbuzz see industry ‘returning to equilibrium’ as uncompetitive suppliers disappear.

Imaging sensor maker cuts net debt despite fall in sales revenues.

Optics giant posts sharp decrease in profit but continues with self-funded development strategy.

US-Israeli provider of data center interconnects sees the deal as crucial to compete with Cisco and Intel.

Still dependent on high-tech imports, China is learning on customer experience, but home-grown laser sales and exports are on the up.

Study by the Photonik Forschung Deutschland organization calls the growing sector a “job engine”.

Orders up as the firm increases its focus on laser microfabrication.