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17 May 11
Laser sales up as GSI settles case with SEC

Reorganized and once again listed on the Nasdaq exchange after emerging from bankruptcy, GSI Group plans to refinance its debt later this year.

17 May 11
Photonic Products prioritizes debt reduction

Precision optical component manufacturer negotiates two-year extension to loan notes and focuses on cost reduction.

13 May 11
FLIR, Laser Devices linked to $330M Saudi deal

Saudi Arabia requests to purchase a range of night vision equipment, with the prime contractors set to be FLIR and Laser Devices.

13 May 11
Q-Cells cuts production forecast on weak demand

Sales fall sharply at the major German cell and module manufacturer, due to both seasonal effects and weakness in Italy and France.

12 May 11
Semicon and medicine propel Zeiss growth

Giant German optics firm reports a 19% revenue jump in the first half of its fiscal year, with semicon and medical markets leading the way.

11 May 11
CVI Melles Griot sold to IDEX Corp for $400M

*updated* Private equity firm Norwest sells one of the best-known brands in photonics, eight years after buying what was then known as CVI Laser.

10 May 11
China-driven LED capacity boom continues - analyst

Shipments of key LED manufacturing equipment have slowed for the first time in nearly two years, but China maintains aggressive investment.

10 May 11
Expansive Zygo aims for life science applications

The precision optics and instrumentation company reports a strong increase in sales and launches new surface metrology products.

06 May 11
Fiber laser sales kick in at Rofin-Sinar

Industrial laser firm is the latest to increase its financial guidance for fiscal 2011, as demand strengthens across all sectors.

05 May 11
PV markets 'stronger than ever' – EPIA report

An influential annual report from the European Photovoltaic Industry Association (EPIA) sees cumulative PV installations quadrupling by 2015.

04 May 11
All systems go at laser maker Coherent

Leading laser vendor passes the $200M mark in quarterly sales for the first time ever, and raises its revenue guidance for fiscal 2011.

03 May 11
Auto industry drives IPG sales to $100M

The market-leading fiber laser company sees a boom in welding applications for car production and heavy industry.

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