Close

Search

Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
share
Email Facebook Twitter Google+ LinkedIn Comments

TRW to Purchase Laser Firm

Photonics Spectra
Dec 2000
TRW Inc. of Cleveland has announced that it will purchase Cutting Edge Optronics Inc. and its laser diode operation in Industrial Microphotonics Co., both in St. Charles, Mo., for $19 million in cash and the assumption of $5 million in debt. Under terms of the agreement, Cutting Edge would become a wholly owned subsidiary of TRW and remain headquartered at its current facility.

TRW said the deal will expand its line of extreme-ultraviolet light sources for semiconductor lithography. Cutting Edge's product line of solid-state and semiconductor lasers will remain unchanged, and the company said its customers and vendors will continue to work with the same staff.

As We Go To PressBreaking NewsindustrialPresstime Bulletin

Comments
Terms & Conditions Privacy Policy About Us Contact Us
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2018 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, info@photonics.com

Photonics Media, Laurin Publishing
x Subscribe to Photonics Spectra magazine - FREE!
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.