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Palomar Technologies Achieves Management Buy-out

Photonics.com
Jul 2008
Palomar Technologies of Carlsbad, Calif., provider of precision automation equipment and contract assembly services for microelectronics, has announced that Palomar management has bought out the original investor group that spun the company out of Hughes Aircraft in 1995. Local management, already with Palomar for many years, now owns the company.



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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