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Business News
Global Lighting Association Formed
TAIPEI, Taiwan, March 22, 2012 — To represent the more than 5000 lighting manufacturers and $50 billion in annual sales, the global lighting industry has formed the Global Lighting Association.
Impact of PV Panel Penalties Pondered
WASHINGTON, March 21, 2012 — Smaller-than-expected duties on imports of crystalline silicon photovoltaic cells from China, announced by the US Department of Commerce on Tuesday, had proponents on both sides of the issue putting a positive spin on the action. The tariffs range...
Novaled Registers for IPO
DRESDEN, Germany, March 21, 2012 — The organic LED technologies company filed a Form F-1 registration statement with the US Securities and Exchange Commission for a proposed initial public offering of its American depositary shares.
Imra, Disco Collaborate on Fiber Lasers
KARIYA, Japan, March 20, 2012 — The femtosecond fiber laser manufacturer will collaborate with Disco Corp. to develop new lasers and processing systems for laser dicing of semioconductor materials.
Toshiba Imaging, ISee3D to Develop 3-D Microscopy System
IRVINE, Calif., and VANCOUVER, British Columbia, Canada, March 20, 2012 — High-definition CCD camera manufacturer Toshiba is collaborating with ISee3D Inc. to build an advanced 3-D microscope digital video system using Toshiba's IK-HD1, three-chip CCD high-definition camera.
Goodrich Stockholders OK UTC Buyout
CHARLOTTE, N.C., March 19, 2011 — By 98 percent, shareholders have approved the acquisition of Goodrich Corp. by United Technologies Corp. (UTC).
JK Lasers Appoints German Sales Manager
RUGBY, England, March 19, 2012 — Michael Haase was appointed JK Lasers’ new German sales manager to support its growing German presence.
Riber, Imec Extend CMOS Collaboration
BEZONS, France, and LOUVAIN, Belgium, March 19, 2012 — The molecular beam epitaxy supplier and R&D company imec have agreed to continue their collaboration on epitaxy process technologies for next-generation III-V CMOS devices.
GSI Group’s Laser Unit Nabs $4.8M Contract
BEDFORD, Mass., March 16, 2012 — The Continuum laser business unit of GSI Group Inc. was awarded a $4.8 million contract from the French National Center for Scientific Research to deliver a 400-J amplifier section for use in the Apollon high-energy laser program developed by the...
LightPath, Raytheon Ink $1M IR Optics Contract
ORLANDO, Fla., March 16, 2012 — The optics manufacturer has entered into a $1.1 million research and development contract with Raytheon Vision Systems to develop low-cost infrared optics manufacturing processes.
Masimo Buys LED Maker Spire
IRVINE, Calif., March 16, 2012 — Masimo Corp. announced it acquired all the assets of Spire Semiconductor, which will now operate under the newly formed, wholly owned subsidiary Masimo Semiconductor Inc.
QD Vision Awarded DoD Contract
LEXINGTON, Mass., March 16, 2012 — The quantum dot product company received a $1.38 million contract from the Department of Defense for specialized devices based on electroluminescent quantum dots.
Advanced Photonix, Thermo Fisher Ink Reseller Deal
ANN ARBOR, Mich., March 15, 2012 — The optoelectronics company has signed Thermo Fisher Scientific as its first value-added reseller for its T-Gauge industrial terahertz gauging system.
OSA Local Section in Egypt First in Middle East
WASHINGTON, March 15, 2012 — The Optical Society has established the Alhazen Egyptian OSA Local Section, the society’s first local section in the Middle East.
Renishaw Opens New Subsidiary in Mexico
SAN PEDRO GARZA GARCIA, Mexico, March 15, 2012 — The metrology and spectroscopy company opened a new subsidiary in San Pedro Garza Garcia to directly support its expanding customer base in Mexico and Central America. Alejandro Silva C. will manage the new operation.
PicoQuant Hires 2 for Sales Team
BERLIN, March 14, 2012 — In response to continued growth and business development, the optoelectronics company has added two laser specialists to its sales and marketing team.
Thorlabs Acquires Ultrafast Laser Line
NEWTON, N.J., March 14, 2012 — The photonics tools manufacturer has acquired the Octavius line of ultrafast lasers and ultrafast pulse characterization products from idesta Quantum Electronics.
TU Berlin Licenses Energy Conversion Patent
BERLIN, March 14, 2012 — The Technical University of Berlin and its technology transfer partner ipal have closed a €500,000 contract with a key global semiconductor company for the use of the university’s energy conversion patent.
North American Machine Vision Market Grew 5% in 2011
ANN ARBOR, Mich., March 13, 2012 — Machine vision components and systems sales in North America increased 5 percent in 2011 to nearly $1.9 billion, according to new figures released by global trade group AIA.
Excelitas Expands Medical Lighting Capabilities
WALTHAM, Mass. and GOLDEN, Colo., March 12, 2012 — The optoelectronics company expanded its lighting portfolio through the acquisition of privately held Carsan Engineering, a manufacturer of arc lamp power supplies for the medical and dental markets.
Intense Appoints European Sales Director
NORTH BRUNSWICK, N.J., March 12, 2012 — Beate Sauter was appointed director of European sales at the laser diode and electro-optical subsystem company.
Wright Returns to Potomac Photonics
LANHAM, Md., March 12, 2012 — Sidney Wright, who previously worked at the laser micromachining manufacturer from 1996 to 2006, rejoins the company as vice president of sales.
Boston Scientific Renews Exclusive Deal with Lumenis
NATICK, Mass., March 9, 2012 — The medical device maker and Lumenis, a medical laser company, have signed a five-year contract to extend their existing commercial agreement and to promote continued investments in laser and fiber product development for urologic applications.
MicroVision Reports 2011 Results, 2012 Strategy
REDMOND, Wash., March 9, 2012 — The projection display company reported 19 percent growth revenue and a 40 percent reduction in cash used in operations for 2011, and will launch design sample shipments of its next-generation PicoP display engine in early 2012.
OLED Inventor Joins QD Vision Advisory Board
LEXINGTON, Mass., March 8, 2012 — Ching Tang, OLED inventor and winner of the Wolf Prize in chemistry, joined the quantum dot product supplier’s three-member scientific advisory board.
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