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15 Feb 21
II-VI escalates Coherent bidding war with $6.4 billion offer

$260-per-share offer trumps both agreed deal with Lumentum and rival bid from MKS Instruments.

11 Feb 21
Jenoptik hits revenue forecast, exceeds profitability target

Group revenue in past fiscal year reached €767 million, with €28 million coming from latest acquisition Trioptics.

10 Feb 21
II-VI claims 3D sensing gains as order book swells

Record quarterly sales, cashflow, and backlog as Finisar cost-savings run ahead of plans.

09 Feb 21
MKS launches rival bid for Coherent

Owner of Spectra-Physics and Ophir brands makes unsolicited approach implying 16% premium on Lumentum deal.

05 Feb 21
Metalenz gains $10M investment as it starts commercial development

Harvard spinout, founded by Federico Capasso, aims to bring flat optics to consumer electronics and more.

04 Feb 21
Cellino closes $16M funding led by Engine and Khosla Ventures

SPIE Startup Winner will develop and progress its AI-guided laser platform to automate cell-and tissue therapies.

03 Feb 21
Lumentum senses auto lidar opportunity from 2022

Sales and profits rise as the photonics company outlines Coherent acquisition rationale.

02 Feb 21
Olympus broadens endoscopy spectrum with Quest acquisition

Medical imaging giant gains fluorescence and multispectral capability with addition of Netherlands company.

28 Jan 21
Record sales as MKS books major laser order

Owner of Spectra-Physics and Ophir expecting to see further consolidation in the photonics industry.

28 Jan 21
Osram raises revenue guidance for business in 2021…

…while Jenoptik exceeds its own 2020 forecast for adjusted earnings margin.

27 Jan 21
Teledyne hopeful of imaging rebound

Company sees strong bookings in the closing quarter of 2020, as both X-ray and optical imaging sectors recover.

26 Jan 21
Ellex acquisition pushes Lumibird sales

French photonics firm still feeling the impact of lower research lab spending, but lidar business grows and CILAS could be next acquisition.

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