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Business News
11 Jul 17
Cailabs wins €5m funding from defense & aero giant Safran

‘Disruptive’ French startup gains investment for its light shaping technologies.

11 Jul 17
Agilent sends Raman signal with £40M Cobalt deal

Cash acquisition of UK company by laboratory equipment giant suggests new era of growth for Raman spectroscopy.

11 Jul 17
Chip giants back EUV photoresist developer Inpria again

Oregon company wins $23.5M backing from venture wings of Samsung, Intel and Applied Materials in series B round.

06 Jul 17
Apollo completes Lumileds buy-out

LED and automotive lighting firm moves into private equity ownership, with Philips retaining a minority stake.

05 Jul 17
LZH scientist founds FiberBridge Photonics

Individualized bespoke fiber components destined for the world market; many types of product co-developments proposed.

05 Jul 17
Adva enters agreement to buy MRV Communications for $69m

Strategic purchase will strengthen portfolio and expand Adva’s “customer footprint”.

04 Jul 17
Keopsys and Quantel outline merger plan

Proposal to create 'European laser champion' still faces regulatory hurdles and requires approval by Quantel shareholders.

28 Jun 17
LASER 2017: photonics now worth £12.9BN to UK economy

Updated analysis by Photonics Leadership Group also indicates significantly higher productivity of the export-led sector.

22 Jun 17
Metamaterials deal to 'bring laser protection to civil aviation'

Memorandum of understanding with Airbus subsidiary will see optical filters distributed to commercial market next year.

21 Jun 17
II-VI acquires Integrated Photonics for $45 million

Buyout of optical isolator materials innovator follows several major acquisitions in recent years. II-VI’s guidance for the quarter unchanged.

20 Jun 17
IPG expanding again with systems acquisition

Fiber laser firm buys Minneapolis-headquartered Innovative Laser Technologies for $40M cash.

19 Jun 17
Finisar announces ‘all-time record’ 2017 results

But overall fourth quarter sales drop 6% on Q3 despite surging demand for 100G transceivers. Chinese market still sluggish.

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