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Coherent Purchases Excel Technology

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Coherent Inc. of Santa Clara, Calif., has purchased Excel Technology Inc. of East Setauket, N.Y., a manufacturer of laser systems and electro-optical components, in a cash transaction valued at approximately $376 million. The agreement is subject to approval from regulators and from Excel’s stockholders. The combined product portfolio will include a variety of materials processing components, lasers and subsystems.

Photonics Spectra
May 2006
BusinessCoherent Inc.electro-optical componentslaser systemslight speedopticslasers

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