While its government systems business is hampered by purchasing bureaucracy in the US military, FLIR makes an acquisition.

The developer of pico projectors based on direct-emitting green lasers will work on a prototype head-up display with a major auto maker.

Addition of businesses with combined annual revenues of around $150 million will take company close to its 2013 goal.

Combination of venture capital and grant package finances initial 5MW concentrated PV module facility, expandable to 35MW.

As margins are hit by weak economies and high materials prices, Philips revises down its growth expectations for the lighting market.

Manufacturer of advanced semiconductor wafers for optoelectronic and RF applications sees VCSEL demand boost revenues.

UK-based imaging company specializes in optical coherence tomography (OCT) equipment currently in clinical trials in the US.

Unit will form key part of Ricoh's strategy to establish a consumer optics business.

ASML, the dominant supplier of lithography tools to the semiconductor industry, is still breaking sales records but seeing orders slow.

London-listed owner of Ocean Optics and Labsphere buys the contract manufacturer from its venture owners and employees.

Demand for semiconductor wafer processing equipment will dip only slightly in 2012, while PV tool spending will crash by half, say analysts.

The US defense contractor takes a share in the developer of quantum cascade laser technologies following a series C financing round.