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PPGI Acquires MRC Precision

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NORTHVALE, N.J., Nov. 4 -- Photonic Products Group Inc. (PPGI) announced today it has acquired the stock of MRC Precision Metal Optics Inc., of Sarasota, Fla., in a cash transaction. PPGI has retained the MRC workforce, including its founder and president, Frank Montone. MRC will operate from its present location as a subsidiary of PPGI and will do business as "MRC Precision Optics Inc., a PPGI company." PPGI makes products and services for use in various photonics industry segments. Its Inrad business unit specializes in crystal-based optical components, devices and instruments; its laser...Read full article

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    Published: November 2004
    Glossary
    photonics
    The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
    CoatingsMRC PrecisionMRC Precision Metal OpticsMRC Precision OpticsNews & FeaturesPhotonic Products GrouphotonicsPPGI

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