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Business News
08 Jul 19
Osram bosses back private equity takeover

€3.4 billion bid for lighting giant from Bain Capital and Carlyle Group will require 70 per cent shareholder support.

05 Jul 19
Meyer Burger tops up Oxford PV funding round

Swiss equipment vendor aids completion of £65M series D venture round for UK developer of perovskite solar cells.

05 Jul 19
Trumpf steps up expansion of its smart factory solutions

GFT, a global IT engineering and technology consultancy, acquires Trumpf's Axoom business portfolio and workforce in Karlsruhe.

03 Jul 19
Rockley Photonics announces further $52M funding

Latest investment round, the first close of its Series E investment round, takes the total raised by Rockley to date to $165m.

26 Jun 19
LASER 2019: China faces '15 to 20%' laser market downturn

Han's Laser's CTO Qitao Hue paints mixed picture of increasing laser self sufficiency compromised by manufacturing slump and geopolitical maneuvring.

21 Jun 19
IQE stock plunges on 'far-reaching' impact of Huawei ban

London-listed epiwafer foundry slumps 40% on what CEO calls 'unprecedented times' for semiconductor industry.

18 Jun 19
Optics to power Corning's new four-year growth plan

Glass giant sees major adoption of fiber for 5G connectivity and hyperscale data centers driving sales and earnings.

17 Jun 19
L3 sees electro-optics business booming

Military contractor’s Wescam subsidiary posts record order levels and double-digit growth fueled partly by drone demand.

17 Jun 19
CILAS to make adaptive optics mirrors for giant Hawaii telescope

Ariane subsidiary signs deal to provide largest piezoelectric deformable mirrors ever fabricated.

12 Jun 19
Sense Photonics lands $26M venture round

Durham, North Carolina, startup joins the stampede chasing emerging market for lidar systems in autonomous vehicles.

06 Jun 19
Velodyne, Quanergy clash over lidar patent ruling

Quanergy to appeal decision by US Patent Trial and Appeals Board supporting Velodyne patent covering autonomous vehicle and machine vision applications.

05 Jun 19
Sofradir and ULIS become Lynred

By streamlining operations, Lynred will accelerate delivery of new detection technologies to market.

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