Impacted by a slow market in Asia and even worse results than it had forecast, the LED maker sees its valuation drop once again.

Another consolidatory step in the photonics industry, as Newport agrees a $230M cash purchase of the Israeli metrology and instrumentation firm.

Norway-based poLight's series B round, led by the Norwegian government's Investinor fund, could be extended by $6M later this year.

Survey of publicly listed photonics companies highlights stellar performance by e2v, Renishaw and Andor since the start of the year.

Large-scale, non-residential PV projects built in the US between now and 2015 will produce as much power as Germany's existing installations.

The US company adds to its photonics portfolio with a $52M cash acquisition of Aegis Lightwave and subsidiary AOFR.

Industry analysts at Solarbuzz say that shipments in the second quarter of 2011 were far weaker than had been projected.

Illinois spin-out with backing from Siemens tops up first tranche of series C funding round with additional debt finance.

With strong growth across the business and Raman applications gaining commercial traction, the UK firm acquires a huge new site.

US medical laser company acquires ConBio subsidiary belonging to the Japanese optics giant HOYA Corporation.

Formed just last month, NikkoIA aims to manufacture hybrid organic-inorganic near-infrared detectors for medical and security use.

Defense contractors sign memorandum of understanding to "aggressively target" the international market for infrared countermeasures.