MOUNTAIN VIEW, Calif., June 20 -- Spectra-Physics has changed its corporate name from Spectra-Physics Lasers Inc. to Spectra-Physics Inc. The name change coincides with the 40th anniversary of Spectra-Physics' founding as the world's first commercial laser company in 1961. "This return to the original corporate name leverages Spectra-Physics' 40 years of brand equity as one of the early Silicon Valley companies," said Patrick L. Edsell, chairman, president and CEO. "At the same time, it reflects the broader base of our business as a manufacturer of both lasers and optics. Our fastest growing market today is telecommunications, and our leading products for this market are optical filters and related components for dense wavelength division multiplexing systems in fiber optic networks. In this market, as well as our five core markets, the Spectra-Physics brand represents 40 years of technological leadership."