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Business News
30 May 13
Debt to fuel another Bausch & Lomb buyout

Valeant Pharmaceuticals will buy the ophthalmology giant for $8.7 billion, thanks to massive Goldman Sachs loan.

30 May 13
LASER 2013: Japan's laser activity flat with bright spots

Whether processing applications or machine tool manufacture, Japan's laser activity trends remain horizontal with a few exceptions.

29 May 13
Coherent Scotland endorses local Fraunhofer's business nous

R&D only 10% of cost of productizing new laser; meaning market expertise is critical.

29 May 13
ProPhotonix CEO to retire as company seeks new finance

Mark Blodgett to move aside after 24 years at the helm of the LED illumination system and laser module supplier.

28 May 13
ASML-Cymer merger imminent after Korean approval

€2 billion cash-plus-stock acquisition clears final regulatory hurdle.

22 May 13
LASER 2013: Laser market “at record high” – analyst

…but global markets diverge and reflect exchange rate swings, says Optech Consulting.

21 May 13
Analysts see sanity returning to PV market

Lux Research and Solarbuzz see industry ‘returning to equilibrium’ as uncompetitive suppliers disappear.

20 May 13
Space imaging swells e2v order book

Imaging sensor maker cuts net debt despite fall in sales revenues.

20 May 13
Zeiss maintains investments amid 'economic stagnation'

Optics giant posts sharp decrease in profit but continues with self-funded development strategy.

17 May 13
Mellanox to acquire silicon photonics specialist Kotura for $82M

US-Israeli provider of data center interconnects sees the deal as crucial to compete with Cisco and Intel.

16 May 13
LASER 2013: China's competitive nature

Still dependent on high-tech imports, China is learning on customer experience, but home-grown laser sales and exports are on the up.

15 May 13
LASER 2013: photonics to employ 165,000 in Germany by 2020

Study by the Photonik Forschung Deutschland organization calls the growing sector a “job engine”.

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