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Business News
19 Dec 18
Trumpf targets VCSELs in deal to buy Philips Photonics

Acquisition of major supplier of components used in smart phone 3D sensor units expected to complete in spring 2019.

18 Dec 18
Excelitas gets into OCT with Axsun Technologies acquisition

Optical coherence tomography (OCT) subsystem developer sold to Excelitas by private equity group Anzu Partners.

18 Dec 18
Expanding Zeiss posts another record year

Optics giant benefits from continued semiconductor equipment boom; set to expand with new metrology facility in Detroit.

14 Dec 18
Lumibird raises €7.8M; eyes new laser technology

French photonics company says new share issue was five-times oversubscribed.

13 Dec 18
WaveOptics and Corning sign long-term supply deal for AR optics

UK startup WaveOptics has also closed a $26M round of venture funding to support expansion into burgeoning market for augmented reality hardware.

12 Dec 18
Lumentum completes Oclaro acquisition

Expanding US photonics giant closes deal shortly after being granted antitrust clearance in China.

12 Dec 18
Olympus Medical fined $85M after infections

Former senior executive of Japanese firm could also be jailed after failure to file adverse event reports related to endoscopes.

11 Dec 18
KETS Quantum Security lands seed funding for chip-scale QKD

UK startup is developing ultra-compact quantum encryption technology based on integrated photonics.

06 Dec 18
Diamond Edge Ventures invests in DigiLens

Mitsubishi Chemical’s VC subsidiary says AR will be next-gen platform after smart phones – anticipating “large market growth”.

05 Dec 18
NZ-based photonic sperm selection company acquired by global investor

Engender Tech, founded by SPIE Startup Challenge winner Cather Simpson, acquired by CRV International to develop photonics-based livestock breeding tech.

03 Dec 18
Harris Corp lands $196M space telescope contract

Wide Field Infrared Survey Telescope (WFIRST) mission will search for dark energy and characterize exoplanet atmospheres.

29 Nov 18
WaveOptics and Goertek sign manufacturing agreement

To enable affordable mass-production of optical waveguides for integration into augmented reality wearables.

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