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Newport to Acquire Picarro's Laser Products Biz

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IRVINE, Calif., Oct. 23, 2006 -- Photonics technologies supplier Newport Corp. today announced that it will acquire the Laser Products business of Sunnyvale, Calif.-based Picarro Inc. Terms of the deal were not disclosed. Picarro's Laser Products business, located in Ottawa, Canada, designs and manufactures solid-state lasers, including the Cyan 488-nm blue laser, targeted primarily at the life and health sciences and process control markets. The business will become a part of Newport's Spectra-Physics Lasers Div. and is expected to have 2007 sales in the range of $5 million to $7 million, Newport said. Newport...Read full article

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    Published: October 2006
    acquireCyanDeusterdivestGignaclaser productsNewportNewport Corp.News & FeaturesPicarrosolid-stateSpectra-PhysicstransactionLasers

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