Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
Email Facebook Twitter Google+ LinkedIn Comments

  • Newport Buys Corning OCA'sCommercial Optics Operation
Oct 1999
IRVINE, Calif., Oct. 25 -- Newport Corp. has acquired the commercial optics operation of Corning Inc. subsidiary Corning OCA Inc. The company expects the cash transaction to accrete to earnings immediately.
Based in Garden Grove, Calif., Corning OCA's commercial operation manufactures high-performance precision optical products and systems, specializing in opto-mechanical subassemblies as well as thin-film technology and coatings. The company expects pro forma sales for 1999 to total approximately $10 million. These operations, which are synergistic with our existing optics business, bring important capabilities to Newport that have application across a variety of industries, especially our targeted growth markets, and will take us to a new level of capability in the design and manufacturing of high performance optical elements and systems, said Robert G. Deuster, president and CEO of Newport.

Terms & Conditions Privacy Policy About Us Contact Us
back to top

Facebook Twitter Instagram LinkedIn YouTube RSS
©2016 Photonics Media
x We deliver – right to your inbox. Subscribe FREE to our newsletters.