CEO Ed Grady says 'prudent and responsible' decision was needed to invest in business transition.
Revenue grows 19% in 2014 overall as demand for fiber lasers shows no sign of abating.
Israeli medical laser firm reports 9% increase in sales for the closing quarter of 2014.
Entry of ‘visible LED giants’ to speed UV LED boom through 2018, but UV LED chip making remains a ‘bottleneck”.
Glasgow laser company is confident of significant growth this year to follow strong 2014.
Sales grew in line with the company's expectations, while acquisitions promise new synergies.
With restructuring over, the company saw organic revenue growth for the first time since 2010.
First-quarter results were dented by exchange rate fluctuations, although fiber-laser business grew.
Ultrafast laser developer founded 21 years ago in Vienna is snapped up by the Californian photonics firm.
Norwegian developer of autofocusing camera lens technology for smart phones eyes future public listing.
Olaf Berlien says it makes no sense for the German firm to hive off its automotive and LED units.
John Croteau senses a big pay-off following the $224M acquisition of the Cornell laser spin-out in December.