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Laser Power Sells Research Operation and Microlaser Business

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Laser Power Corp. of San Diego has announced that it has completed the sale of the assets of its contract research operation to Orlando, Fla.-based Schwartz Electro-Optics Inc. The operation was responsible for developing the company's projection displays and 1550-nm microlaser technologies. Schwartz has formed Photera Technologies Inc. in San Diego to absorb the business, which will focus on the development of dense wavelength division multiplexing subsystems and high-end displays. Laser Power also announced that it has received the final cash payment for its microlaser business....Read full article

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    Published: April 2000
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