Lumentum had been given March 11 deadline to revise its proposal as bidding war escalates. * see March 10 update
...while Active Silicon is acquired by fellow UK company Solid State for £6.3 million.
UK-based metrology company provides a variety of optical encoders, spectroscopy tools, and additive manufacturing equipment.
David Hall says dismissal of both him and wife Marta from lead roles suggests “internal power grab” at the lidar company.
Virtual AGM reports improved levels of industrial laser demand and further streamlining of manufacturing.
New European Innovation Council Fund takes part in series B effort by Danish maker of optical components.
Long-standing developer of organic LED materials reaps financial rewards as the displays technology proliferates.
Active-sensing LiDAR technology delivers partial or full autonomy; boards of both parties have unanimously approved the transaction.
Lighting giant’s venture unit leads $16 million investment in California startup developing efficient short-wavelength emitters for germicidal applications.
Sales rose 26% in 2020, thanks largely to the addition of beam combining and control specialist Nutronics.
Sales back on the rise at the fiber laser specialist, with new ultra-compact designs expected to improve profit margins.
$260-per-share offer trumps both agreed deal with Lumentum and rival bid from MKS Instruments.