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IPG Photonics Buys Photonics Innovations

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OXFORD, Mass., January 26, 2010 -- High-power fiber lasers and amplifiers maker IPG Photonics Corp. announced today that it has entered the emerging middle-infrared laser space with the acquisition of the privately held Photonics Innovations Inc. (PII) of Birmingham, Ala. Financial terms were not disclosed. The acquisition allows IPG to expand its product offerings to the middle infrared (approximately 2 to 5 µm). PII was established by researchers at The University of Alabama at Birmingham to apply proprietary and patented optical materials, lasers and spectroscopic technologies to the development and commercialization...Read full article

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