II-VI Acquires Pacific

Through a definitive stock purchase agreement, II-VI Inc. of Saxonburg, Pa., has acquired the equity interests of Pacific Rare Specialty Metals & Chemicals Inc. of Rosario, Philippines, in exchange for cash. The Pennsylvania company will expand its product offering and secure its supply chain for selenium and tellurium, while the acquired company will become an operating unit for government and military business within II-VI. Financial details were not disclosed.





LATEST NEWS

• Exail Signs LLNL Contract, Partners with Eelume
  Apr 26, 2024
• Menlo Moves U.S. HQ: Week in Brief: 4/26/2024
  Apr 26, 2024
• Optofluidics Platform Keys Label-, Amplification-Free Rapid Diagnostic Tool
  Apr 25, 2024
• DUV Lasers Made with Nonlinear Crystals Enhance Lithography Performance
  Apr 25, 2024
• Teledyne e2v, Airy3D Collaborate on 3D Vision Solutions
  Apr 24, 2024
• One-Step Hologram Generation Speeds 3D Display Creation
  Apr 24, 2024
• Innovation Award Winners for Laser Technology Honored in Aachen
  Apr 23, 2024
• Intech 2024: AI Arrives on the Shop Floor
  Apr 22, 2024