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02 Nov 12
Coherent slips on supply-chain issue; acquires Innolight and Midaz

A busy period for the top-tier photonics company sees a double acquisition, but problems sourcing a key excimer laser component.

01 Nov 12
Cost-cuts protect Newport profits

Stock rises 15% as company says that the action it took in early 2012 has protected profitability.

01 Nov 12
IPG set to ship 100 kW laser

Fiber laser specialist again posts record sales, but stock drops on Q4 guidance.

31 Oct 12
JDSU discontinues CPV solar cell development

Giant component manufacturer says market opportunity in concentrated photovoltaics (CPV) is “limited”, but leaves door open for a return.

29 Oct 12
Electro Scientific Industries cuts costs as orders tumble

But the supplier of laser systems used in consumer electronics production sees opportunities in glass fabrication and HB-LED manufacturing.

26 Oct 12
OptiGrate completes Orlando expansion

Maker of holographic optical components based on Bragg gratings moves into new 10,000 square foot facility.

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.

 
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