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Business News
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.

27 Aug 19
Osram shareholders to face takeover options

Sensor maker ams cleared to bring forward its €4.3 BN offer, but influential German union criticizes the potential deal.

26 Aug 19
Quantel Medical acquires Optotek Medical

Culmination of longstanding collaboration between Lumibird subsidiary and Slovenian firm.

23 Aug 19
Raytheon invests in Texas electro-optics location

New 200,000 square-foot factory at site in McKinney will create 500 jobs.

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