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Business News
18 Oct 13
Ultratech hit by order push-outs

Lithography and laser system vendor swings to a net loss but sees ‘light at the end of the tunnel’.

17 Oct 13
Trumpf grows China footprint as sales reach new high

The laser and machine tool giant acquires a majority stake in both Jiangsu Jinfangyuan CNC Machine Company and German optics firm Ingeneric.

16 Oct 13
Russian venture fund invests in quantum encryption

QWave Capital buys $5.6 million stake in Swiss photonics firm ID Quantique.

16 Oct 13
Global optical modulator sales surpass $230m, will continue rising

Analyst ElectroniCast details changing fortunes of electro-optical and electro-absorption technologies as data rates ramp up.

16 Oct 13
Gooch & Housego snaps up Spanoptic

Acquisition adds to infrared optics and coatings expertise; supports growth of sub-systems business.

15 Oct 13
FLIR set to close six facilities

Cost-cutting will see consolidation of optics and laser production by thermal imaging giant as it reacts to US government ‘uncertainty’.

15 Oct 13
UK graphene maker set for London listing

Applied Graphene Materials aiming to expand annual production capacity to eight tonnes.

11 Oct 13
Packaged LEDs on brink of general lighting take-over

Analysts at IHS expect market to double to $7.1 billion over next three years.

11 Oct 13
II-VI buys Oclaro fiber amplifier business unit

US firm follows up on exclusive option with $88.6 million acquisition; Oclaro CFO Jerry Turin resigns.

09 Oct 13
Thorlabs makes cytometry acquisition

Laser scanning technique developed by CompuCyte has advantages over conventional liquid-phase cytometry.

03 Oct 13
Lensar lands $87M funding to ramp customized cataract surgery

Combination of private equity and debt finance to support global roll-out and further technological development.

02 Oct 13
PV production grows despite 'crisis-led' drop in investment

Market report published by European Commission's Joint Research Centre.

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