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Coherent Buys TuiLaser

Photonics.com
Jun 2005
SANTA CLARA, Calif., June 17 -- Coherent Inc. announced it has acquired TuiLaser AG, based in Munich, Germany, for approximately 22.5 million euros (about $27.5 million). TuiLaser is a private designer and manufacturer of excimer and advanced solid-state lasers for scientific, OEM medical and industrial applications.

Coherent said the acquisition provides it with a strong market presence in all classes of excimer lasers, from low to high power, in all markets except lithography. TuiLaser’s product line also includes infrared and green solid-state lasers that compliment Coherent’s solid-state laser products and solid-state laser products in the area of identity card marking.

"We are particularly pleased that TuiLasers has joined Coherent," said John Ambroseo, president and CEO of Coherent. "We intend to aggressively leverage our worldwide distribution network to expand sales opportunities, and our customers will benefit from our ability to provide the industry’s broadest selection of products and solutions."

For more information, visit: www.coherent.com




GLOSSARY
photonics
The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
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