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Business News
08 Jan 15
Sales up 10% at endoscopy innovator Mauna Kea Technologies

French developer of the 'Cellvizio' optical biopsy platform reports traction in Asia but a slowdown in the US.

06 Jan 15
American Infrared Solutions announces expansion

Lifting sensor fabrication and high vacuum dewar processing capacity by 150% due to customer demand.

06 Jan 15
Intel invests in Google Glass rival

Logic chip giant buys approximate 30% stake in Rochester-based Vuzix for $25M.

30 Dec 14
GTAT back selling sapphire furnaces

Bankruptcy court approves deal under which Apple will receive portion of equipment sales to repay the $439M GTAT owes the consumer electronics giant.

23 Dec 14
Jenoptik cuts forecast but eyes big growth in 2015

Delay to defense-related project will hit 2014 sales total, ahead of a sharp uptick.

22 Dec 14
Soitec crashes into CPV 'roadblock'

San Diego manufacturing facility to be scaled down after planned 150MW California project fails to materialize.

17 Dec 14
Semiconductor strength helps Zeiss shrug off economic woes

Like-for-like sales up 5% in the giant optics firm’s latest financial year; confirms microscopy unit cuts.

15 Dec 14
Emcore retrenches with new CEO

Fiber-optic component maker also shifts corporate headquarters to California following sale of its space photovoltaics business.

11 Dec 14
Multiphoton Optics confirms seed investors

High-Tech Gruenderfonds and Fraunhofer Ventures back developer of 3D laser lithography equipment.

09 Dec 14
Asia-Pacific LED lamp sales to grow to $6.7bn by 2019

General Lighting LED lamp consumption in booming region to triple from this year's $2.7bn, predicts ElectroniCast.

09 Dec 14
Cancer diagnostics to drive coherence tomography market growth

Current $1BN market for clinical optical imaging devices set to double by 2020, says analyst.

08 Dec 14
Zeiss Meditec sales hit by currency fluctuations

Profits down in latest fiscal year but Jena firm set to invest heavily in development of new ophthalmic surgery equipment.

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