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23 Feb 21
LiDAR developer AEye to go public via merger with CF Finance Acquisition

Active-sensing LiDAR technology delivers partial or full autonomy; boards of both parties have unanimously approved the transaction.

23 Feb 21
Osram backs deep-UV LED disruptor Bolb

Lighting giant’s venture unit leads $16 million investment in California startup developing efficient short-wavelength emitters for germicidal applications.

18 Feb 21
nLight boosted by defense business

Sales rose 26% in 2020, thanks largely to the addition of beam combining and control specialist Nutronics.

16 Feb 21
IPG targets ‘tens of thousands of customers’ with hand-held welders

Sales back on the rise at the fiber laser specialist, with new ultra-compact designs expected to improve profit margins.

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.

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