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Business News
07 Nov 18
Coherent sales hit by US-China tariffs

Trade war takes the edge off record-breaking fiscal year, with a 10% dip in sales now pencilled in for 2019.

06 Nov 18
nLight looks to move up power scale

Fiber laser firm reports 'aggressive' price competition in China; says will move beyond 10 kW in 2019.

02 Nov 18
II-VI soars on strong outlook across multiple sectors

Stock leaps 20% as company reports negligible impact from China tariffs, broad-based demand for its photonic components and sub-systems, and an acquisition related to laser weapons development.

31 Oct 18
Stemmer and Cognex both report healthy revenues

Stemmer's record annual revenue up 14% to over €100 million; Cognex has second-best quarter but warns China market is cooling.

31 Oct 18
MKS buying Electro Scientific Industries in billion-dollar cash deal

Laser micromachining systems firm seen as highly complementary addition to MKS' existing photonics portfolio, including Spectra-Physics laser division.

30 Oct 18
IPG positive on 2019 prospects

Fiber laser firm sees opportunities to cement market-leading position amid current market downturn.

29 Oct 18
'Image-quality' lidar firm raises $30M

Silicon Valley-based Innovusion wins Chinese venture backing to target market for autonomous vehicles with laser sensors.

25 Oct 18
Laser division helps MKS ride out semiconductor slowdown

Spectra-Physics performing well amid generally weaker trading outlook.

24 Oct 18
Luminex buys MilliporeSigma's flow cytometry interests for $75 million

Transaction for medical imaging technology assets is expected to be completed by the end of 2018.

23 Oct 18
EOS sells five 3D laser AM machines to Visser

Deal, which doubles Visser's metal 3D capacity, comprises 3 EOS M 400-4 systems and 2 of the new EOS M 300-4 systems.

19 Oct 18
Luna snaps up Micron Optics in $5M acquisition

Atlanta-based Micron specializes in tunable filters, swept lasers, and high-speed, long-distance optical sensing units.

18 Oct 18
Profits surge at Trumpf

Pre-tax income up more than 50% on last year as the laser firm benefits from demand for EUV lithography tools.

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