Californian CIGS pioneer says that nose-diving solar panel prices will push the company into Chapter 11 bankruptcy.
Hamilton Thorne, which provides laser systems for biotechnology applications, will also use proceeds to invest in R&D.
The company's high-power direct-diode lasers have received a $3.2 million vote of confidence.
Vertically integrated facility enables company to make key optics for defense on US soil for the first time.
Licensing and sales agreement running through 2017 builds on eleven-year relationship between the companies.
The precision optics and metrology firm has just posted net earnings of $19 million for fiscal 2011.
Windfall for Ruud family as the chip manufacturer acquires one of the leading exponents of outdoor LED lighting.
Demand for both telecom and gesture-recognition components are hit, but JDSU sees growth in kilowatt fiber laser sales.
Small-cap optical component vendors see a rise in orders and volumes, although price pressures are impacting sales.
Fewer MOCVD reactors will ship in 2011 than previously expected, but that should help with the current oversupply of LED chips.
Lux Research says that solid growth in PV installations will be more than offset by price declines for the next five years.
Exclusive agreement with distributor and construction company TFG Radiant valued at $450 million plus royalties.
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