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Business News
24 Feb 15
ESI suspends dividend; plans laser ramp

CEO Ed Grady says 'prudent and responsible' decision was needed to invest in business transition.

20 Feb 15
IPG up again after another record year

Revenue grows 19% in 2014 overall as demand for fiber lasers shows no sign of abating.

17 Feb 15
Holmium laser boost for Lumenis

Israeli medical laser firm reports 9% increase in sales for the closing quarter of 2014.

16 Feb 15
UV LEDs to find new markets in disinfection, purification

Entry of ‘visible LED giants’ to speed UV LED boom through 2018, but UV LED chip making remains a ‘bottleneck”.

11 Feb 15
M-Squared wins £3.25M funding deal

Glasgow laser company is confident of significant growth this year to follow strong 2014.

10 Feb 15
Newport achieves record year

Sales grew in line with the company's expectations, while acquisitions promise new synergies.

09 Feb 15
FLIR finds momentum in security and consumer markets

With restructuring over, the company saw organic revenue growth for the first time since 2010.

06 Feb 15
Rofin-Sinar hit by currency effects

First-quarter results were dented by exchange rate fluctuations, although fiber-laser business grew.

05 Feb 15
Newport to acquire Austria's Femtolasers

Ultrafast laser developer founded 21 years ago in Vienna is snapped up by the Californian photonics firm.

05 Feb 15
poLight closes oversubscribed funding round

Norwegian developer of autofocusing camera lens technology for smart phones eyes future public listing.

04 Feb 15
Osram CEO: we won't split up like Philips

Olaf Berlien says it makes no sense for the German firm to hive off its automotive and LED units.

03 Feb 15
BinOptics 'shaping up to be a goldmine' says M/A-COM chief

John Croteau senses a big pay-off following the $224M acquisition of the Cornell laser spin-out in December.

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