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medical News
Dynasil Acquires RMD for $20M
WEST BERLIN, N.J., July 3, 2008 -- Photonics company Dynasil Corp. of America announced July 2 that it acquired advanced instruments maker Radiation Monitoring Devices (RMD) and assets of RMD Instruments LLC for $20 million in cash and stock. Under the deal, Dynasil will pay $12.5 million in cash and 4.6 million shares of its stock for RMD and the assets of RMD Instruments, both of which are located near Boston. "Adding RMD is a transformational event for Dynasil. We expect that it will more than triple our revenues and profits...
Electro-Optical Products Relocating
Jun 26, 2008 — Electro-Optical Products Corp. announced it will move to its new facility July 1. Its new address is: 6240 Forest Ave., 2nd Floor, Ridgewood, NY 11385; phone: (718) 456-6000, fax: (718) 456-6050. Electro-Optical's mailing address remains: P.O. Box...
StockerYale Talks Takeover
SALEM, N.H., June 16, 2008 -- Despite Virtek Vision International Inc.’s rejection of its $22 million buyout offer, StockerYale said today it still hopes to reach an agreement with the company but will also seek to acquire it via a takeover, if necessary. StockerYale, a...
Peter Sulick Joins Dynasil Board
Jun 12, 2008 — Photonics company Dynasil Corp. of America of West Berlin, N.J., announced that Peter Sulick will join its board of directors as audit committee chairperson and financial expert. Sulick founded media and telecommunications companies Independence...
Flip-Spin Flop Yields Tool
EUGENE, Ore., June 2, 2008 -- An attempt to flip the spin of electrons using ultrafast laser bursts may have failed, but in the process researchers found a way to manipulate and control electron spin -- knowledge that may prove useful in a variety of new materials and...
Metamaterials Pioneer to Receive IEEE Award
Jun 2, 2008 — George V. Eleftheriades, PhD, will receive the 2008 Kiyo Tomiyasu Award for his research into negative refractive index metamaterials, IEEE announced today. Metamaterials have had a profound impact on a variety of technologies including high-speed...
Salvador Imaging to Supply More Cameras to Raytheon
May 28, 2008 — Raytheon Co. has awarded a follow-on production contract to imaging systems maker Salvador Imaging Inc. of Colorado Springs, Colo., to continue supplying high-performance surveillance cameras for a multiuse imaging system manufactured at Raytheon...
Lumenis Realigns Ophthalmic Unit
May 6, 2008 — Medical and aesthetic laser maker Lumenis Ltd. of Yokeam, Israel, said it has realigned its ophthalmic business unit to report to Gideon Sturlesi, who will lead the unit in addition to his duties as corporate vice president for business development....
CVI Technical Optics Wins Queen’s Award For Enterprise
Apr 29, 2008 — CVI Technical Optics Ltd. of Onchan, Isle of Man, announced it has been awarded the Queen’s Award for Enterprise 2008 in the international trade category. The company, part of the Albuquerque, N.M.-based CVI Melles Griot Group, manufactures...
'FlowCytobot' Detects Blooms
FALMOUTH, Mass., April 15, 2008 -- The Imaging FlowCytobot, an underwater microscope developed as a research tool, recently proved its worth as an early warning device by detecting blooms of harmful marine algae in the Gulf of Mexico and giving authorities time to close areas before...
StockerYale Transferring to Nasdaq Capital Market
Apr 11, 2008 — StockerYale Inc. of Salem, N.H., announced that it intends to transfer the listing of its common stock from the Nasdaq Global Market to the Nasdaq Capital Market, which has a lower cost and lower listing requirements, by April 18. The company's...
IPG Photonics Adds 3 to Sales Force
Apr 9, 2008 — Fiber laser maker IPG Photonics Corp. of Oxford, Mass., announced today that it has strengthened its capabilities in merchant diode sales, sales to the government, and low- and mid-power fiber laser sales with three new appointments: Jim Stathis as...
Zygo Optical Systems Div.: A Tier 1 Electro-Optical Device Supplier
MIDDLEFIELD, Conn., April 9, 2008 -- Zygo Corp.'s reputation for state-of-the-art interferometry is well known throughout the world. For almost four decades, however, the company has also been manufacturing high-precision optical components and systems serving applications ranging from...
Quantel Creates Branch
Apr 1, 2008 — The Quantel Group of Les Ulis, France, a provider of laser solutions to the industrial, scientific and medical communities, has created an industrial and scientific laser division. The division consolidates the company’s nonmedical business...
Sharon Weiss Receives NSF Award for Waveguide Research
Mar 27, 2008 — Sharon M. Weiss, PhD, assistant professor of electrical engineering and physics at Vanderbilt University, will receive $400,000 over five years under a National Science Foundation (NSF) Faculty Early Career Development Award. The CAREER Award will...
Unidym Forms Bioscience Unit
MENLO PARK, Calif., Mar. 21, 2008 -- Carbon nanotube maker Unidym Inc. announced this week it has formed a spinoff, Ensysce Biosciences Inc., that will focus on research into medical applications of carbon nanotubes. Unidym, a majority-owned subsidiary of Arrowhead Research Corp.,...
Luminus LEDs to Surpass TVs
BILLERICA, Mass., March 19, 2008 -- Luminus Devices Inc., a maker of light sources for the TV and display industry, said the $72 million raised in a new round of financing will allow it to expand its Phlatlight LED chip sets into general lighting applications. The funding round...
Bankrupt Diomed to Sell
ANDOVER, Mass., Mar. 17, 2008 -- Diomed Holdings Inc., a developer of minimally invasive medical laser technologies, announced it has filed for bankruptcy and plans to sell some assets to medical laser maker Biolitec AG of Germany for as much as $7 million. Diomed, which is...
Koheras to Market Aculight's Argos in Europe
Mar 10, 2008 — Laser technology developer Aculight Corp. of Bothell, Wash., and fiber laser maker Koheras of Birkerød, Denmark, announced they have signed a joint marketing agreement for Aculight's Argos single-frequency, continuous-wave, multiwatt tunable optical...
StockerYale: A Bright Future
SALEM, N.H., March 7, 2008 -- With StockerYale’s leading role in doped fiber production for fiber lasers, increasingly important role in providing specialized illumination for machine vision, and ever-increasing sales in medical instrumentation markets, the future looks...
Atom-Moving Force Measured
SAN JOSE, Calif., Feb. 22, 2008 -- The force it takes to move individual atoms on a surface has been measured for the first time, an achievement that could mean future nanoelectronic devices for information technology, medicine and data storage will contain integrated circuits...
Luminus, Avnet Sign Distribution Pact
Feb 21, 2008 — Solid-state lighting manufacturer Luminus Devices Inc. of Billerica, Mass., announced it has signed a distribution agreement with Avnet Electronics Marketing, an operating group of Phoenix-based electronic components distributor Avnet Inc. Under the...
Luminetx Names Global Marketing VP
Feb 19, 2008 — Christopher A. Schnee was recently hired as vice president of global marketing at Luminetx Corp., a Memphis, Tenn., developer of medical products and biometric technologies. Schee, who has more than 12 years experience in medical imaging and capital...
Qioptiq Buying Point Source
LUXEMBOURG, Feb. 19, 2008 -- Optical systems manufacturer Qioptiq announced today that it is strengthening its laser capabilities by acquiring Point Source Ltd., a producer of fiber-optic laser delivery systems and lasers. Point Source is based in Hamble, England, employs...
Hercules' Power Increased
ANN ARBOR, Mich., Feb. 15, 2008 -- Thanks to an additional amplifier, a laser at the University of Michigan can now produce a concentrated beam of light so intense it is like holding a giant magnifying glass in space and focusing all the sunlight shining toward Earth onto one grain...
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