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Business News
28 Oct 10
Zygo pounces for ASML Optics acquisition

Optical metrology and precision optics vendor Zygo set to purchase ASML's highly regarded Richmond, California, operation for up to $10M.

28 Oct 10
Newport: all target markets looking strong

As quarterly revenues reach an all-time high and orders continue to grow, shares in the diversified optics and laser vendor reach a three-year high.

28 Oct 10
Fiber lasers and cleantech lead recovery

Sustained demand gives laser vendors tentative optimism going into 2011, but political support for clean technologies is key, says Longbow Research.

26 Oct 10
Cymer firms up extreme UV commitment

Cymer's senior management says 2011 will be a growth year for lithography as the company posts increased revenues for Q3 2010.

26 Oct 10
Struggling SpectraScience needs major surgery

Jim Hitchin resigns as CEO of the company, which has developed a fluorescence-based optical biopsy tool for cancer screening.

26 Oct 10
LED boom continues as Veeco posts huge profit

Key equipment supplier generated record net income of $91 million as orders continue to flood in from China and Taiwan.

25 Oct 10
Optimistic Ultratech gains momentum for 2011

Lithography and laser annealing system supplier anticipates rapid growth in sales of its stepper tool to LED manufacturers next year.

22 Oct 10
FLIR boosted by SWIR, night vision applications

Acquisitions and strong US demand push revenues up, but concerns remain over future military spending patterns.

21 Oct 10
Christmas arrives early at buoyant Trumpf

The German company returns wages to pre-crisis levels and predicts that the market for laser materials processing systems will grow 25% in 2010.

21 Oct 10
Leica and Sensofar extend metrology deal

The two European companies are expanding a co-operation agreement focused on 3D surface metrology systems.

20 Oct 10
Cree sales up again, but forecast disappoints

The LED manufacturer has once again posted record revenue figures, but expects them to level off in the coming quarter.

18 Oct 10
Soliant ups concentration on rooftop power

More powerful focusing optics doubles concentration ratio from 500x to 1000x for commercial rooftop installations, reducing the cost of solar electricity.

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