Coherent Completes Acquisition of Rofin-Sinar
SANTA CLARA, Calif., Nov. 14, 2016 — Laser developer Coherent Inc. has completed the acquisition of Rofin-Sinar Technologies Inc., a developer of high-performance industrial laser sources, for $942 million.
The acquisition is valued at $32.50 per share. As a result of the acquisition, Rofin common stock will no longer trade on the Nasdaq Stock Market and Frankfurt Stock Exchange.
Rofin-Sinar is a developer, designer and manufacturer of lasers and laser-based system solutions for industrial material processing applications.
MORE FROM PHOTONICS MEDIA