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03 Jan 17
Elbit lands $35M laser designator deals

Israeli arms firm to supply airborne targeting systems to two unspecified Asia-Pacific customers.

22 Dec 16
Trumpf Venture splashes € millions into Xarion Laser Acoustics

New investment vehicle puts "seven-digit sum" into Austrian optical microphone inventor.

21 Dec 16
Belgian startup lands €7M for optical glucose monitoring chip

Indigo Diabetes wins backing from an international syndicate of investors in series A round.

21 Dec 16
Happy 200th birthday! Zeiss reports best year for business

Sales exceed €4.8 billion, earnings above €615 million in 200th anniversary of founder Carl's birth.

20 Dec 16
Silicon photonics firm Elenion emerges from ‘stealth mode’

Company launched by investor Marlin Equity Partners will be led by industry veteran Larry Schwerin.

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.

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