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Business News
25 Nov 13
Compass-EOS closes $42 million funding round

$42m for development of "super-efficient" routers based on novel optical backplane.

22 Nov 13
Soraa to build LED factory in Buffalo

New LED semiconductor fabrication facility will create 375 jobs, says the UCSB spin-out.

18 Nov 13
Slimmed-down Osram swings to profit

Freedom from former parent company Siemens aids the transition to solid-state lighting.

14 Nov 13
Direct Photonics wins further €3.3m investment

German VC DEWB gives cash boost to developer of high brightness direct diode lasers for materials processing.

13 Nov 13
Jenoptik 'absolutely sure' of hitting 2013 financial goals

Metrology segment drives sales growth but orders are down slightly on last year.

12 Nov 13
Andor surges on potential £166M takeover bid

News that the UK technology firm Oxford Instruments is aiming to buy out Andor sends stock up 25%.

08 Nov 13
Oclaro restructure to cost at least $20M

Latest streamlining of the slimmed-down photonics company has already seen cuts in Israel.

07 Nov 13
Rofin slips on slow Chinese demand

Annual sales rise 4% on last year, but a slowdown in orders knocks Rofin's stock price.

06 Nov 13
Apple's alchemy turns sapphire into US manufacturing jobs

Market for sapphire is booming as smart phones adopt the scratch-proof gemstone.

06 Nov 13
Ametek acquires 3D scan specialist Creaform

US engineering giant splashes $120m on Canadian developer of innovative portable 3D measurement systems.

06 Nov 13
Erchonia expands into Europe with new UK subsidiary

Medical laser treatment development company opens new facility in London.

06 Nov 13
GSI swings to profit as sales of laser scanners climb

'Lightning II' scanners selling strongly but GSI scales back its ambitions in the fiber laser sector.

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