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20 Dec 16
Lensar files for Chapter 11 bankruptcy protection

Florida firm that specializes in femtosecond laser systems for cataract surgery says operations will continue as normal during its reorganization.

14 Dec 16
Stefan Traeger appointed Chairman of Jenoptik

Supervisory Board appoints director of Swiss Tecan instrumentation group for 3-year term.

14 Dec 16
‘ADAS’ component sales to hit $90bn per year by 2025

Analyst Tractica says sensors for vision, emergency response will see “strong growth”, as carmakers buy into the technology.

14 Dec 16
SEMI sees solid growth in equipment sales with 62 fabs in pipeline

Semiconductor industry group predicting another 9% growth in worldwide capital equipment sales next year, to $43.4BN.

13 Dec 16
Finisar reports ‘record’ business in Q2, 2017

Growth primarily driven by strong demand for 100G transceivers; CEO Jerry Rawls admits that there is still life in copper links.

13 Dec 16
Active optical cabling sales to hit $8.9bn by 2022

Drivers are 100G links, data centers, but also 25GE, signage and personal computing, predicts market analyst CIR.

13 Dec 16
Philips finds buyer for Lumileds division

$2BN deal with NYSE-listed 'contrarian' investment firm Apollo Global Management comes nearly a year after US authorities blocked $3.3BN acquisition by GO Scale on national security grounds.

12 Dec 16
e2v accepts £620M Teledyne bid

North American defense, aerospace and industrial instrumentation firm set to expand its offering for imaging with complementary sensor product line-up.

08 Dec 16
Fortum invests €5.2m in PV cell firm Exeger

Nordic energy giant backs development of printable "indoor solar cells" for consumer electronics roles.

06 Dec 16
Oxford PV lands Statoil investment

First investment in solar technology by the oil and gas giant’s venture wing complemented by deal to develop hybrid perovskite cells with major silicon manufacturer.

30 Nov 16
Solid growth and fat order book mark Gooch & Housego's positive 2016

Preliminary results for the year reveal 9% boost for sales and profits, after military and aerospace acquisitions.

29 Nov 16
II-VI breaks ground on VCSEL site expansion

Epiworks facility in Champaign, Illinois, was acquired earlier this year by the growing laser and materials company.

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