Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
Email Facebook Twitter Google+ LinkedIn Comments

Coherent Acquires Lambda Physik Stock
Jan 2004
SANTA CLARA, Calif., Jan. 21 -- Coherent Inc. announced today it has acquired more than 95 percent of the outstanding shares of its Lambda Physik AG subsidiary. As a result, a squeeze-out resolution will be added to the agenda for Lambda Physik’s upcoming shareholders meeting, no later than May 31. The resolution, which can pass by Coherent solely voting its shares in favor, will permit Coherent to acquire all remaining shares in accordance with the German Stock Corporation Act.

Coherent plans on converting Lambda Physik from a stock corporation to a limited liability company, which will result in the Lambda Physik shares being de-listed from the Frankfurt Stock Exchange.

John Ambroseo, Coherent’s president and CEO, said, "We are pleased to acquire the ownership position necessary to implement the squeeze-out resolution. The acquisition of 100 percent of the outstanding shares and the ensuing conversion of Lambda Physik to an LLC will enable Coherent to fully integrate Lambda Physik, which will drive synergies across virtually all disciplines."

For more information, visit:

CoherentLambda PhysikNews & Features

Terms & Conditions Privacy Policy About Us Contact Us
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2018 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA,

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.