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(11,519 items)
Business News
Optics Market Weakness Means More Belt-Tightening at CVI
LAKE FOREST, Ill., July 26, 2012 — CVI Melles Griot’s lower-than-expected financial performance in the second quarter will mean cost-cutting will continue through the end of the year, the CEO of parent company Idex Corp. said this week. The restructuring is intended to "right size their cost structure" to drive profitability; cost-cutting measures at the lasers and optical equipment manufacturer have already resulted in a loss of about 20 percent of its workforce and one manufacturing facility. Albuquerque, N.M.-based....
Volpe to Advise Laser Energetics’ Investors
MERCERVILLE, N.J., July 26, 2012 — Michael Volpe was named a senior adviser for the investor relations program at the laser company.
$125M US-India Initiative Drives WUSTL Solar Expansion
ST. LOUIS, July 25, 2012 — As part of the $125 million US-India Initiative for Clean Energy announced this year, engineers at Washington University in St. Louis will work on low-cost solar cells as well as systems that integrate solar cells with batteries. The technology is...
Photonics to Drive Investment Boost in Advanced Manufacturing
BELLINGHAM, Wash., July 25, 2012 — Photonics technologies are already key enablers of advanced manufacturing, and new initiatives to boost the US’s capabilities in that area will be a good use of the country’s photonics R&D, leaders of SPIE, the international society...
Trumpf Expands Disk Laser Production into Japan
FARMINGTON, Conn., July 24, 2012 — The laser manufacturer has opened an Asian production facility for disk lasers at Trumpf Japan. The Yokohama location is the company’s third disk laser production site.
Universal Display Buys Fujifilm’s OLED Patents
EWING, N.J., and TOKYO, July 24, 2012 — Universal Display Corp. has paid Fujifilm Corp. $105 million for its worldwide portfolio of more than 1200 organic LED patents and patent applications.
Idex Acquires Matcon
LAKE FOREST, Ill., July 23, 2012 — The applied solutions company has acquired Matcon Group Ltd. of Evesham, England, a supplier of materials processing solutions for high-value powders used in food, pharmaceuticals, plastics and fine-chemicals manufacturing.
Universal Display, Plextronics to Develop Next-Gen OLED Materials
EWING, N.J., and PITTSBURGH, July 23, 2012 — The two companies have entered into a three-year agreement to expand their development of next-generation solution-processible organic LED material systems for displays and lighting applications.
3DIcon to Acquire Dimension Technologies
TULSA, Okla., and ROCHESTER, N.Y., July 20, 2012 — 3-D display technology companies 3DIcon Corp. and Dimension Technologies Inc. have signed a nonbinding letter of intent outlining terms and conditions for 3DIcon’s acquisition of Dimension Technologies.
Shimadzu UK Appoints Winn Prod Specialist
MILTON KEYNES, England, July 20, 2012 — Andy Winn was appointed product specialist for atomic absorption, inductively coupled plasma and total organic carbon for Shimadzu UK’s Spectroscopy Group.
Emcore Reaches Pre-Flood Capacity
ALBUQUERQUE, N.M., July 19, 2012 — The compound semiconductor-based product supplier announced that it expects to be fully recovered from the impact of the Thailand floods on its manufacturing operations, and able to achieve pre-flood production levels on all of its continuing...
Fagan Joins Rigaku as Senior Sales Engineer
SALEM, N.H., July 19, 2012 — David J. Fagan has been appointed senior sales engineer for Rigaku’s Vacuum Products Div.
Zephyr Photonics Updates ITAR Certification
ZEPHYR COVE, Nev., July 19, 2012 — Zephyr Photonics has updated its ITAR (International Traffic in Arms Regulations) registration with the US Department of State.
AOptix, Unisys Team Up for Biometrics
CAMPBELL, Calif., July 18, 2012 — Information technology company Unisys has become a strategic alliance partner of AOptix Technologies Inc. for delivery of face capture and iris recognition systems for biometrics applications.
Imaging Diagnostic Systems Adds Distributor in Jordan
FORT LAUDERDALE, Fla., July 18, 2012 — To increase its presence in the Middle East, the laser breast imaging company signed a distribution agreement with Mareen Group Co. to market and sell its computed tomography laser mammography system in Jordan.
Mound Laser Breaks Ground on New Facility
MIAMISBURG, Ohio, July 18, 2012 — Mound Laser & Photonics Center Inc. broke ground Monday on a new $4 million, 20,000-sq-ft facility.
Boosting PV in the EU
DÜBENDORF, Switzerland, July 16, 2012 — The Swiss Federal Laboratories for Materials Science and Technology (Empa) has launched a €10 million (about $12.2 million) European Union-funded project to develop affordable, more efficient solar cells.
Laser, LED Projects Get DoE Funding
ROCHESTER, N.Y., and ST. PETERS, Mo., July 16, 2012 — Two photonic projects have received more than $7 million in grants from the US Department of Energy (DoE) to increase laser machining energy efficiency and gallium nitride manufacturing efficiency.
LED Engin Appoints 3 New Execs
SAN JOSE, Calif., July 16, 2012 — Following the completion of a series E funding round, the lighting solutions company announced three executive management appointments to support its continued growth.
NeoPhotonics Q2 Revenue Exceeding Projections
SAN JOSE, Calif., July 13, 2012 — Based on preliminary financial estimates, the photonic integrated circuit manufacturer expects revenue for its second quarter to be $6 million above its previously stated revenue outlook.
OCT in Dermatology Training Opens in Bonn
BONN, Germany, July 13, 2012 — Private medical center Medizinisches Zentrum Bonn Friedensplatz will offer the first training workshop for clinicians on the use and applications of optical coherence tomography in dermatology.
Raptor Photonics Appoints Germany, Austria Rep
LARNE, Northern Ireland, July 13, 2012 — Raptor Photonics has named Laser 2000 GmbH as its scientific camera distributor for Germany and Austria.
Soitec, Silian to Develop GaN Wafers for LEDs
BERNIN, France, and CHONGQING, China, July 13, 2012 — Soitec and Chongqing Silian Optoelectronics Science & Technology Co. Ltd. have announced that they will jointly develop gallium nitride template wafers to reduce LED manufacturing costs.
Given Imaging Patents Upheld in Korea
YOKNEAM, Israel, July 12, 2012 — The company’s two Korean patents asserted against Intromedic Co. Ltd. are valid, the Intellectual Property Tribunal of the Korean Intellectual Property Office ruled last week.
Navitar Adds Staff to Sales, Engineering Teams
ROCHESTER, N.Y., July 12, 2012 — The optics and imaging system components manufacturer has added several employees to its sales and engineering departments as a result of its ongoing growth and product diversification.
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