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Haleos and Newport Announce Strategic Alliance

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BLACKBURG, Va., July 10 -- Haleos Inc. and Newport Corp. announced that they have formed a strategic alliance for the joint development of next-generation fiber optics and photonics manufacturing automation equipment.
    "Today we joined forces with Haleos, a company we believe to be an innovative supplier of fiber optic components and next generation optical solutions," said Robert G. Deuster, chairman, president and CEO of Newport. "In doing so, Newport solidified a relationship that provides us with unique and upfront access to the manufacturing and automation needs of optics companies seeking commercially viable automation solutions."
    The alliance includes direct research and design, testing, and in-house trial use by Haleos of Newport automation solutions and the collaborative development of new solutions.
Jul 2001
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