Danish Authorities Approve Sale of NKT Photonics to Hamamatsu

The Danish Business Authority has approved the sale of NKT Photonics to Photonics Management Europe S.R.L., a 100% owned subsidiary of Hamamatsu Photonics K.K, one year after blocking the planned sale under the Danish Investment Screening Act. Closing of the acquisition was subject to regulatory approvals, which Hamamatsu obtained from the relevant authorities in Germany, the U.K., and the U.S.

In July 2023, Hamamatsu refiled its application to have the transaction approved in Denmark.

NKT said that it expects the transaction to be completed within the second quarter of 2024.





LATEST NEWS

• Chip-Based 3D Printer for Prototyping on the Go
  Jun 10, 2024
• Omega Optical Names CEO
  Jun 10, 2024
• Quantinuum Launches 56-Qubit Quantum Computer: Week in Brief: 6/7/2024
  Jun 7, 2024
• Atom Computing Lands Investment, Expands Overseas
  Jun 7, 2024
• Optogenetic Stimulation Enables Fatigue-Resistant Muscle Control
  Jun 6, 2024
• Quandela Launches Pilot Line for Qubit Devices
  Jun 6, 2024
• Lattice Semiconductor Adds Interim CEO
  Jun 6, 2024
• On-Chip Microcomb Laser Provides Greater Control
  Jun 5, 2024