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Business News
01 Oct 19
Stemmer Imaging results show 'satisfactory growth'

Vision systems giant’s revenue up 8.3% to €109M despite challenging market conditions.

26 Sep 19
Lumibird’s half-year figures reflect ‘strengthening of capacity’

First six months’ earnings up 22% to €6.7M (+9.1%) but operating income of €2.6m is down by 7%.

25 Sep 19
II-VI completes Finisar acquisition

$3.2BN deal creates giant photonics company employing 25,000 people across 70 locations.

25 Sep 19
Dust Photonics wins $25M in Series B funding

Israel-based provider of optical modules for data center connectivity benefits from investment led by Intel Capital.

24 Sep 19
Investors back Scintil Photonics for laser-PIC integration

€4M funding tranche will enable fabless company to accelerate industrialization of silicon photonics technology.

18 Sep 19
Corning hit by macro slowdown

Glass giant warns that disruption in displays and communications sectors will hit sales in current quarter.

16 Sep 19
Union rejects ams' offer to buy Osram

Group works council believes identified 'synergies' will mean significant job cuts in Germany.

16 Sep 19
GE Additive cuts ribbon on Bavarian campus

New home for former Concept Laser additive manufacturing division expected to employ 700 once complete.

11 Sep 19
WaveOptics eyes production ramp with $13M top-up

Designer of diffractive waveguides for augmented reality closes out oversubscribed series C venture round.

05 Sep 19
The chips are down (again) says analyst IHS Markit

Semiconductor sector crash continues in the first half of 2019 as market posts worst figures for a decade.

03 Sep 19
Toyota teams up with 3D Systems on laser sintering

Partnership with the auto giant's motorsports division looks to advance laser additive manufacturing techniques.

27 Aug 19
Tibit completes $25M Series B funding

New investment in optical transceiver developer led by Intel Capital plus new backers Swisscom and AJU IB.

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