Close

Search

Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
SPECIAL ANNOUNCEMENT
2016 Photonics Buyers' Guide Clearance! – Use Coupon Code FC16 to save 60%!
share
Email Facebook Twitter Google+ LinkedIn Comments

GSI Group to Acquire Lincoln Laser for $11M

Photonics.com
Nov 2015
BEDFORD, Mass., Nov. 5, 2015 — GSI Group Inc. will acquire the assets of Lincoln Laser Co. of Phoenix for $11 million in cash.

A provider of polygon scanners and other optical scanning technology for the medical, food processing, and advanced industrial markets, Lincoln Laser will integrate within Cambridge Technology, a GSI business unit.

"As the functionality of lasers becomes faster and more precise, we are now well-positioned to provide the latest in ultrafast beam-steering solutions to our customers," said Chris Tecca, president of Cambridge Technology.

Cambridge Technology designs, develops and manufactures beam-steering technology, including galvanometer-based optical scanning components, two- and three-axis scan heads, scanning subsystems, high-power scanning heads, and controlling hardware and software. Key applications include advanced industrial processes, medical microscopy, ophthalmology and optical coherence tomography.

GSI Group and its subsidiaries design, develop, manufacture and sell precision photonics and motion-control components and subsystems to OEMs in the medical and advanced industrial markets. The company has reported 2015 third-quarter adjusted revenue of $92.3 million, or 19 cents diluted earnings per share.

For more information, visit www.gsig.com.



Comments
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.