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09 Aug 16
High-power fiber laser unit sales up 25% at Rofin

Industrial laser firm reports lower total sales but higher profit margins ahead of planned merger with Coherent.

09 Aug 16
Israel lidar firm bags $9M venture backing

Another new entrant in automotive lidar for autonomous vehicles, Innoviz was set up by former Israeli intelligence officers.

09 Aug 16
LightPath expands with ISP Optics deal

$18M acquisition of infrared optics firm with operations in Latvia relies on loan note to the vendors and cash raised through stock offering.

08 Aug 16
Universal Display slips on sales outlook

But the organic LED materials firm says revenue delay is only temporary as customers gear up for capacity ramps next year.

05 Aug 16
Auto tech firm ZF buys into lidar with Ibeo deal

Friedrichshafen company buys 40% stake in Hamburg-based Ibeo Automotive Systems; eyes ‘mirror-free’ scanning.

03 Aug 16
II-VI focused on VCSEL build-out amid CEO switch

Outgoing chief Fran Kramer set to continue in chairman role as Chuck Mattera steps up to lead device ramp for sensing applications.

02 Aug 16
Trumpf: no impact (yet) from Brexit vote

Industrial laser giant with a significant footprint in the UK reports headwinds from China in its preliminary annual sales figures.

02 Aug 16
Glowforge lands $22M series B venture round

Seattle start-up now plans to start shipping quasi-industrial laser cutting systems to first customers from December.

02 Aug 16
Kyocera acquires Melles Griot's Japanese operation

IDEX subsidiary sold for $19 million in all-cash transaction.

01 Aug 16
Merck licenses Nanoco quantum dots

German chemicals giant becomes second major player to license cadmium-free nanomaterials in little over a week.

29 Jul 16
IPG steady as sales hit new high

Fiber laser giant holds onto market share at expense of lower selling prices.

28 Jul 16
Laser order boom continues at Coherent

Stock prices nudges all-time high as Coherent lands more big orders for OLED display production.

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