Newport Acquiring ILX Lightwave
IRVINE, Calif., Dec. 28, 2011 — Photonics technology company Newport Corp. reported Wednesday that it will expand its capabilities in photonics test and measurement by acquiring ILX Lightwave Corp. of Bozeman, Mont., for $9.3 million in cash. ILX offers a broad range of photonics instrumentation, including laser diode controllers and drivers, temperature controllers, current sources, optical power and wavelength meters, semiconductor laser/LED burn-in, test and characterization systems, and fiber optic sources. The company...