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Photonics.com - August 2000
News & Features
Applied Spectral Imaging Gets $11 Million Investment
MIGDAL HA'EMEK, Israel, Aug. 31 -- Medical imaging developer Applied Spectral Imaging Ltd. has received $11 million from Tintanic Corp. B.V. (a holding company for TAT Capital Partners Ltd. and...
FLIR Trims Workforce in Cost-Cutting Bid
PORTLAND, Ore., Aug. 31 -- FLIR Systems Inc. will reduce its workforce by 50 people in a move to save the company about $4 million a year in employment and production cost savings the company...
Micro Photonix Integration Nets $30 Million in Financing Round
PHOENIX, Aug. 31 -- Micro Photonix Integration Corp. finished its latest round of financing with $30 million in new investments and a total of $37 million in funding since last January....
Cisco Buys Network Information Computers from Digital Lightwave
CLEARWATER, Fla., Aug. 30 -- Digital Lightwave Inc. said that Cisco Systems has placed a $2 million, multi-unit order for a cross section of the company's portable Network Information Computers...
Fiber Optek to Engineer Boston-Washington Network
WAPPINGERS FALLS, NY, Aug. 31 -- Fiber Optek has been given a contract to design, construct, engineer and acquire right-of-way for a Boston to Washington, D.C., fiber optic telecommunications network...
Trellis Claims Record Photonic Switching Speed
DENVER, Aug. 30 --Trellis Photonics (Columbia, Md.) says it has attained sub-microsecond photonic switching speed, the fastest known optical speed reached in the industry. The demonstration took...
ADC Sets Up Advanced Fiber Optic Integration Center
MINNEAPOLIS, Aug. 30 -- In a move to become a bigger supplier in the fiber optic solutions global market, ADC has created an Advanced Photonics Integration Center to develop made to order, integrated...
Corning Spending $20 Million to Boost LCD Production
CORNING, NY, August 30 -- Corning Inc. will spend more than $20 million to multiply its ability to produce liquid crystal display devices by six. The investment will go towards the company's...
Newport Gets Order for AutoAlign Assembly Equipment
IRVINE, Calif., Aug. 30 -- Newport Corp. has received a $1.6 million order from Picolight Inc. in Boulder, Colo. for AutoAlignWaveguide Assembly Workstations. This was the second order Picolight...
Center for Manufacturing Sciences Sponsors Laser Shaping Program
WARWICK, RI, Aug. 30 -- Infinite Group Inc. subsidiary Laser Fare Inc. and privately-held Optomec Inc. will be part of a Laser Engineered Net Shaping (LENS)-based program sponsored by the National...
Coherent Sets IPO for Lambda Physik
SANTA CLARA, Calif., Aug. 29 -- Coherent Inc. will set up an initial public offering during September and October for its 80 percent interest in Lambda Physik AG. The income from the offering will be...
DuPont Photomasks Installs New laser-Based Equipment
ROUND ROCK, Texas, Aug. 29 -- DuPont Photomasks Inc. (DPI) has installed three new production lines with 0.18 µm and below capability, and each anchored by an ALTA 3700 laser mask pattern...
Eclipse Surgical Signs Agreement with Health Trust
SUNNYVALE, Calif., Aug. 29 -- Eclipse Surgical Technologies Inc. will sell its transmyocardial revascularization technology laser products, supplies and services to participating members of the...
Inrad to Sell Its Tunable Mid-IR Laser Technology
NORTHVALE, NJ, Aug. 29 -- Inrad Inc. has agreed to sell its tunable mid-IR laser technology to an unnamed instrument company for an undisclosed sum. The technology applies single crystal non-linear...
Alcatel Joins OMM on Photonic Cross-Connects
DALLAS, Aug. 29 -- In a move to increase capacity needs and further its presence in the microelectromechanical systems market, Alcatel has partnered with OMM. OMM, a supplier of MEMS-based photonic...
Eastman Software Spins Off From Kodak Parent
BILLERICA, Mass., Aug. 28 -- Eastman Kodak Co.'s Document Imaging division is cutting loose Eastman Software Inc. Eastman Software will become an independent company backed by a privately held...
TyCom Wins $100-Million Order from Asia Global Crossing
PEMBROKE, Bermuda, Aug. 28 -- TyCom Ltd. has received an order to upgrade Asia Global Crossing's 21,000-km ring network, called the Pacific Crossing Cable System (PC-1), for an estimated $100...
Deutsche Telekom Picks Alcatel's Voice, Data Switches
PARIS, Aug. 28 -- DeTeLine, a Berlin-based subsidiary of Deutsche Telekom AG, has chosen Alcatel to supply its data and voice communications solutions. Alcatel will provide DeTeLine with the Alcatel...
Precision Optics Signs Lease For Thin Film Technology Center
GARDNER, Mass., Aug. 28 -- Precision Optics Corp. Inc. will lease about 37,000 sq ft of space for a new Optical Thin Films Technology Center. The facility will be used to develop and manufacture...
Time Warner to Gain Controlling Interest in GST Assets for $690 Million
VANCOUVER, Wash., Aug. 28 -- Time Warner Telecom Inc. has agreed to purchase nearly all of GST Telecommunication's assets for $690 million. The deal does not include a majority of GST's Hawaii...
Level 3 Picks Corning's New Fiber for Multi-Conduit Network
BROOMFIELD, Colo., Aug. 25 -- Level 3 Communications Inc., a global communications and information services company with metropolitan networks in 56 US and 21 international markets, has signed a...
HEI Gets First Fiber Alignment Order
MINNEAPOLIS, Aug. 25 -- HEI Inc., designer and manufacturer of ultraminiature microelectronic devices, has obtained a production order to align fiber optic devices for a major multinational customer....
US Asks JDS Uniphase and SDL for More Information
NEPEAN, Ontario, Canada, Aug. 25 -- JDS Uniphase Corp. and SDL Inc. will comply with the US Justice Department's request for more data concerning the companies' pending merger. The request, issued...
Three-Five Systems, Chinese LCD Firm Sign Manufacturing Agreement
TEMPE, Ariz., Aug. 25 -- Three-Five Systems Beijing Co. Ltd., a wholly owned subsidiary of Three-Five Systems Inc., has signed a strategic agreement that will increase its liquid crystal display...
Packard BioScience Buying GSI Lumonics Life Science Group
MERIDEN, Conn., Aug. 25 -- In a move to strengthen its position as a provider of biochips and microarray analysis tools, Packard BioScience Co. will purchase a unit of GSI Lumonics Inc.'s GSLI Life...
Advanced Photonix Wins Missile Contract
CAMARILLO, Calif., Aug. 24 -- Advanced Photonix Inc. has signed a deal with Raytheon Co. to supply the detector fuse used on the Rolling Airframe Missile. The weapon is a supersonic, lightweight,...
Rofin-Sinar Unit Receives Multiple Orders for Laser Marking Systems
PLYMOUTH, Mich., Aug. 24 -- Baasel LaserTech, a Munich, Germany-based subsidiary of Rofin-Sinar Technologies Inc., received a contract worth more than $1.5 million (US) from Maurer Electronics,...
Japanese Order Health Claim Processing System from Scan-Optics
MANCHESTER, Conn., Aug. 24 -- Scan-Optics Inc., provider of high-volume information processing systems, has received a five-order extension on an original contract with Toyo Officemation Inc. -- Scan...
Alcatel, Syracuse University Join for Telecommunications Technologies
CALABASAS, Calif., Aug. 23 -- Alcatel Internetworking Inc. has announced a partnership with Syracuse University's School of Information Studies to improve telecommunications technologies and...
Coriolis Nets $20 Million in Second-Round Funding
BOXBOROUGH, Mass., Aug. 23 -- Coriolis Networks Inc. has recently ended a $20-million second-round venture investment. So far, the company has brought in a total of $28.5 million in...
DataCom Reports Fiber Optic Conduit Agreement
IUKA, Miss., Aug. 23 -- North American DataCom Inc. has purchased more than one thousand miles of fiber optic conduit to add to its ongoing broadband fiber optic and wireless distribution network...
Quantum Bridge Gets $50 Million Contract
ANDOVER, Mass., Aug. 23 -- Quantum Bridge Communications Inc. has signed a $50-million agreement to sell its Quantum Bridge Optical Access System. Advanced TelCom Group Inc., a provider of...
Cognex and Samsung Enter OEM Agreement
NATICK, Mass., Aug. 22 -- Cognex Corp. announced that it has made an OEM agreement with Samsung Techwin of Seoul, Korea. According to the two-year agreement, Samsung Techwin will buy more than $1...
GSI Lumonics Sells Life Sciences Businessto Packard BioScience
KANATA, Ontario, Canada, Aug. 22 -- GSI Lumonics Inc., supplier of laser-based automated advanced manufacturing systems and services to industrial companies, has sold its Life Sciences business to...
Nidek's Diode Laser System Wins FDA Approval
FREMONT, Calif., Aug. 22 -- Nidek Inc has been granted 510(k) clearance by the US Food and Drug Administration to use the EpiStar Diode Laser System for hair removal and in the treatment of vascular...
Israeli Optical Switch Firm Moves Headquarters to US
COLUMBIA, Md., Aug. 22 -- Trellis Photonics, an Israel-based developer of solid-state, all-optical networks, is opening its new corporate headquarters in Columbia, Md. The Washington-Baltimore...
DRS Wins Army Contracts
PARSIPPANY, N.J., Aug. 21 -- DRS Technologies Inc., supplier of defense electronic systems to government and commercial markets worldwide, has received new contracts from the US Army totaling nearly...
Imaging Technologies Signs Distribution Agreementwith Chinese Firm
SAN DIEGO, Aug. 21 -- Imaging Technologies Corp. has signed an agreement with Kong Yue Electronics & Information Industrial Ltd. in China. Imaging Technologies will distribute and manufacture its...
FiberCore Receives Contracts from South America
CHARLTON, Mass., Aug. 21 -- FiberCore Inc. has received $39 million in new orders from existing South American customers. FiberCore will fill the orders for its single mode optical fiber starting...
Alcatel to Acquire Tele Danmark's Marine Division
PARIS, Aug. 18, 2000 - In a move designed to boost its submarine networks capabilities, Alcatel has entered into a definitive agreement to acquire Tele Danmark's marine division. The 121 million EURO...
British Telecom to Take Control of Viag Interkom
LONDON, Aug 18 -- British Telecommunications plc. has set its sights on German-based telecommunications operator Viag Interkom, the smallest of Germany's four mobile phone networks. British Telecom...
Finisar to Acquire Sensors Unlimited
SUNNYVALE, Calif., August 18 -- Finisar Corp., a provider of gigabit fiber optic solutions, has entered into a definitive agreement to acquire privately-held Sensors Unlimited Inc. in Princeton, NJ....
Eclipse Surgical Secures $20 Million Equity Commitment
SUNNYVALE, Calif., Aug. 18 -- Eclipse Surgical Technologies Inc., a medical device company specializing in transmyocardial revascularization, has received a $20-million commitment in common stock...
Candela Posts Record Quarter in Profits and Revenues
WAYLAND, Mass., Aug. 17 -- Candela Corp. reported a record breaking fourth quarter for revenues and profits, due in part to the popularity of its GentleLASE hair removal device and several...
UK Firm Picks Coherent for Laser Hair Removal
SANTA CLARA, Calif., Aug. 17 -- Coherent Inc.'s LightSheer hair removal products have been chosen by Boots The Chemists plc., a retailer of health and beauty products based in England. Boots will...
Sanders Concludes Seeker Tests for ATIRCM/CMWS
NASHUA, NH, Aug. 17 -- Sanders, an operating company of the Lockheed Martin Corp., announced the completion of the first stage of Contractor Flight Testing for the Advanced Threat Infrared...
Corning Posts Three-for-One Stock Split
CORNING, NY, Aug. 17 -- Corning Inc.'s board of directors has approved a three-for-one stock split of its common shares. The stock split is part of a Corning plan to jump ahead of the competition in...
Tellium, Symmetricom to Partner on Optical Networks
OCEANPORT, N.J., Aug. 17 -- Tellium Inc. has announced a partnership with Symmetricom Inc. to integrate Symmetricom's high-precision synchronization clocks as a standard feature within Tellium's...
Corning to Expand Capacity
ROCHESTER, N.Y., Aug. 17 -- Corning Inc. will invest $80 million to boost its ability to produce passive components used in optical fiber communications networks. The company will build a...
Nortel to Acquire Sonoma Systems for $540 Million
BOSTON, Aug. 16 -- Nortel Networks Corp., developer of telephony, data, wireless and wirelinesolutions for the Internet, has signed a definitive agreement to acquire Sonoma Systems, headquartered in...
Nuera Receives Investmentfrom AT&T Strategic Ventures
SAN DIEGO, Aug. 16 -- Nuera Communications' recent $28.5 million round of funding saw a $10 million investment from AT&T Strategic Ventures. AT&T Broadband and AT&T Wireless have...
Corning to Achieve New Laser Bandwidth Measurements
CORNING, N.Y., Aug. 16 -- Corning Inc. has announced that it will specify laser bandwidth on its InfiniCor 300 and InfiniCor CL 1000 multimode fibers using the Restricted Mode Launch (RML) bandwidth...
FiberNet Adds $7.5 Million Placement with Nortel
NEW YORK, Aug. 16 -- FiberNet Telecom Group Inc. has received another $7.5 million private placement of 8 percent convertible preferred stock at a price of $12 per share from Nortel Networks....
II-VI Finalizes Exchange Offer for Laser Power
PITTSBURGH, Aug. 16 -- II-VI Inc. has completed its exchange offer for all of the outstanding shares of Laser Power Corp.'s common stock. Laser Power had offered $7.25 million shares of its...
SEO Announces New Management Team
ORLANDO, Fla., Aug. 16 -- Schwartz Electro-Optics Inc. has a new management team and a new board member. Darrell Kelley, a two-year SEO board member, replaced founder Bill Schwartz, as chairman....
Imaging Technologies, ERGU Sign Turkish Distribution Pact
SAN DIEGO, Aug. 16 -- Imaging Technologies Corp., developer of digital imaging solutions, has signed a sales and distribution agreement with ERGU Ltd. of Istanbul, Turkey. ERGU will distribute the...
FDA Approves Spectranetics' 0.9 MM Catheter
COLORADO SPRINGS, Colo., Aug. 16 -- The Spectranetics Corp. has received the approval of the US Food and Drug Administration to market the Vitesse 0.9-mm rapid exchange disposable catheter in the US....
Agilent Streamlines Unit, Cuts 650 Jobs
PALO ALTO, Calif., Aug. 15 -- Due to poor financial performance Agilent Technologies Inc. will cut 450 jobs at its health care unit, and 200 contract employees will also be let go. The company will...
Electroglas Selects ESI for Semiconductor Products
PORTLAND, Ore., Aug. 15 -- Electro Scientific Industries Inc. reported that its ScribeRead vision products would be used in Electroglas Inc.'s next generation semiconductor wafer probing systems....
FDA Clears ESC Medical's GyneLase for Trials
YOKNEAM, Israel, Aug. 15 -- ESC Medical Systems Ltd. has won approval from the US Food and Drug Administration to test its GyneLase diode laser system for the treatment of extreme menstrual bleeding...
Brookhaven Unveils New Free Electron Laser
UPTON, NY, Aug 15 -- Researchers from Brookhaven and Argonne, two US Energy Department laboratories, have broken ground in the creation of a new laser capable of generating extremely intense,...
LightPath to Acquire Geltech
ALBUQUERQUE, N.M., Aug. 15 -- LightPath Technologies Inc. reported that it will attain all outstanding shares of Geltech Inc. for about .8 million shares of LightPath common stock, a value of about...
Broadcom to Acquire NewPort Communications
IRVINE, Calif., Aug. 14, -- In a move to increase its ability to provide end-to-end integrated circuit solutions for broadband communications networks, Broadcom Corp. has signed a definitive...
Marconi to Provide Broadband Access Solution for German Carrier
LONDON, Aug. 14 - Marconi Plc, a London-based international group focused on high growth communications and selective markets for high technology products, has been selected by German carrier tesion...
Microvision's Contract Increased by US Army
BOTHELL, Wash., Aug. 14 -- Microvision Inc.'s contract with the US Army to supply helmet mounted displays has been upped from $7.8 to $8.4 million. The extra $.6 million will go to...
PixTech Delivers Displays to US Army
BOISE, Idaho, Aug. 14 -- PixTech Inc. has completed a 1999 Defense Advanced Research Projects Agency contract with the delivery of two prototype 12.1-inch full color field emission displays to the US...
New Technology Gives Air Bags Depth Perception
MUNICH, Germany, Aug. 11 -- Researchers at Siemens Corporate Technology and Fraunhofer Society for Microelectronic Circuits and Systems in Duisburg, Germany have created a way to recognize a...
Cree Books More LED Contracts, Adds to Record Year
DURHAM, N.C., Aug. 11 -- Cree Inc. has received purchase agreements from Asia totaling $21 million for standard brightness, high brightness and small chip silicon carbide LEDs. The shipments are...
Digital Optics Completes Round of Funding
CHARLOTTE, N.C., Aug. 11 -- Digital Optics Corp.'s most recent round of funding netted $35 million, with J.&W. Seligman & Co. making the biggest contribution, Digital Optics said. Digital...
Semiconductor Laser InternationalSigns Agreement With Laser Components
BINGHAMTON, N.Y., Aug. 11 -- Semiconductor Laser International Corp. (SLI) and Laser Components GmbH have entered into a six-month marketing agreement. Laser Components will assist SLI with...
RSL Subsidiary Activates Barcelona and Valencia Fiber
MADRID, Spain, Aug. 11 -- ALO Comunicaciones S.A., a subsidiary of RSL Communications Ltd., has activated the initial phase of its fiber optic metropolitan area networks in Barcelona and Valencia....
Advanced Photonix Reports Revenue Increase
CAMARILLO, Calif., Aug. 10 -- Advanced Photonix Inc. -- designer and manufacturer of standard and custom silicon photodiodes for commercial, military and space applications -- has reported a first...
Coreco Reports Revenue, Earnings Growth
MONTREAL, Aug. 10 -- Coreco Inc., developer of computer vision hardware and software products for OEMs, has reported second quarter growth, due simply to the continued demand for its products, said...
Lucent, Chartered Semiconductor Reach $700 Million Agreement
ALLENTOWN, Pa., Aug. 10 -- Lucent Technologies Microelectronics Group and Chartered Semiconductor Manufacturing have agreed to research and develop new technologies for future generations of...
APA Claims a First for High-Channel, Low Insertion Loss DWDM
MINNEAPOLIS, Aug. 10 -- APA Optics Inc. has shipped the first of its new 56-channel dense wavelength division multiplexing (DWDM) product units. The new DWDM has demonstrated the ability to multiplex...
OSI Systems Forms OSI Fibercomm
Hawthorne, Calif., Aug. 10 -- OSI Systems Inc. has created a separate company dedicated solely to the fiber optic industry. The new company, called OSI Fibercomm Inc., will function as a wholly owned...
Tyco Licenses Fujikura to Produce Optical Interconnects
HARRISBURG, Pa., Aug. 9 -- Tyco Electronics Corp., a segment of Tyco International Ltd., has signed a licensing agreement with Fujikura Ltd. for the production of AMP Lightray MPX interconnection...
Cognex Receives Largest Order to Date from Shinkawa
NATICK, Mass., Aug. 9 -- Cognex Corp. has received more than $13 million in orders for its machine vision systems from Shinkawa Ltd., the Japan-based manufacturer of wire and die bonding...
Infinite Group and Cutting Edge Optronics Form Alliance
WARWICK, R.I., Aug. 9 -- A division of Infinite Group Inc. and a division of privately held Cutting Edge Optronics Inc. have announced a merger. Laser Fare ATG, a member of Infinite's Laser and...
Spectranetics Wins European CE Mark for Laser Catheter
COLORADO SPRINGS, Colo., Aug. 9 -- The Spectranetics Corp. was granted European approval to market the Vitesse .9-mm disposable catheter for use in coronary angioplasty procedures. The Vitesse .9 mm...
Axcan, Diomed Sign Laser Development Accord
MONT SAINT-HILAIRE, Quebec, Canada, Aug. 8 -- Axcan Pharma and Diomed Inc. have signed a five-year contract in which Diomed will develop and supply lasers and fibers to be used with a...
Trimedyne, Surgical Firm Ink Marketing Agreement
IRVINE, Calif., Aug. 8 -- Trimedyne Inc. has agreed to provide an Alabama-based provider of surgical devices with lasers in a joint marketing agreement. The agreement states that Trimedyne will...
II-VI Revises Laser Power Offer; Extends Deadline
PITTSBURGH, Aug. 8 -- II-VI Inc. has modified its exchange offer to Laser Power Corp.'s stockholders and has extended the expiration date until 11 August at 12:00 midnight, Eastern time. II-VI is...
Digital Lightwave Gets Orders for High-Speed Optical Analyzers
CLEARWATER, Fla., Aug. 8 -- Digital Lightwave Inc., provider of optical network management products for the fiber optic industry, reported $1.3 million in orders for its OC-12 and OC-48 Network...
AT&T Latin America Files for Public Stock Offering
MIAMI, Aug. 8 -- AT&T Latin America has initiated a public offering of 35 million shares of its Class A common stock pending the finalization of the FirstCom and AT&T Latin America merger....
Nova Crystals Creates 1.3-Micron VCSEL for Optical Networks
SAN JOSE, Calif., Aug. 7 -- Nova Crystals Inc. has created what it calls the world's first practical, electrically pumped, 1.3-µm vertical cavity surface emitting laser diode (VCSEL) with the...
Corning to Boost LCD Glass Output
CORNING, N.Y., Aug 7 -- In an effort to keep up with market demand for its precision flat glass, Corning Inc. will invest $250 million to increase production of its liquid crystal display glass,...
Cree Gets $70 Million in New Orders
DURHAM, N.C., Aug. 7 -- Cree Inc., developer and marketer of electronic devices made from silicon carbide, has received $70 million worth of orders from Asian and European customers. One of the...
Convergent Communications Cutting Workforce
ENGLEWOOD, Colo., Aug 7 -- Convergent Communications Inc. will reduce its workforce by 15 percent in an effort to decrease costs, the company said. About 250 jobs will be lost in the cut back due to...
Israeli Fiber Start-Up Accumulates $7 Million
JERUSALEM, Aug 7 -- Lambda Crossing, an Israeli fiber optic company, has raised $7 million in private investments. Investors included the venture capital arm of Lucent Technologies Inc.,...
Lucent Reorganizes Optical Networking Business
MURRAY HILL, N.J., Aug. 7 -- Lucent Technologies announced that it has split its optical networking business into core and metropolitan networking units. The separate focus on long-distance and...
Teledyne Wins $1.8 Million Order from Corning Lasertron
LOS ANGELES, Aug. 7 -- Teledyne Technologies Inc., an international provider of electronics and communications products, said that its Los Angeles-based Teledyne OptoElectronics unit has received a...
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