French photonics firm signs deal to acquire Italian firm’s Convergent Photonics subsidiary and operations in Boston.
Laser giant reports revenue rise but profit drop due to higher costs; outlines consolidation and cost-cutting plan.
Large buyers of machine vision equipment delay purchases as they absorb excess capacity.
Stock drops in value as buyers work through excess inventories, but long-term outlook remains bright.
US laser firm awarded $86M contract under Department of Defense scaling initiative.
Announces that its global operations are “restored” following February, 2023, ransomware attack.
UDC also announces improved first quarter results – in line with expectations.
Diversified tech firm’s Q1 sales reach $1.38bn up 4.7% on Q1 2022; plus new camera launches across divisions.
Deal valuing the company at €205M had been expected to complete in March.
Fiber laser giant says that customers are shifting investments to take advantage of IRA legislation.
Silicon Valley firm to aim flat, silicon-based optics at augmented reality applications as Gates Frontier provides seed funding.
Photonics21 survey responses prompt call for European policy intervention.
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