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IPG Acquires HM Laser

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OXFORD, Mass., April 16, 2007 -- Fiber laser maker IPG Photonics Corp. announced today it has acquired its distributor in China, HM Laser, and is opening a new office in Beijing. Terms of the deal were not disclosed. HM Laser, a distributor and integrator of materials processing lasers and systems, is based in Beijing and has been IPG Photonics' distributor in China since October 2004. "Opening an office in Beijing demonstrates IPG's commitment to the China region and will enable the company to provide prompt and direct technical support," said Valentin Gapontsev, IPG Photonics' CEO. "We are seeing increased business...Read full article

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    Published: April 2007
    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...
    acquiredBeijingChinadealEmploymentfiber lasersfiber opticsGapontsevHM LaserIPGIPG ChinaIPG PhotonicsNews & Featuresphotonics

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