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BUSINESS NEWS
Konica Minolta Acquiring Specim OULU, Finland, Dec. 1, 2020, — Konica Minolta Sensing Europe BV, a wholly owned subsidiary of Konica Minolta, will acquire Specim, Spectral Imaging Ltd., a supplier of hyperspectral imaging solutions for applications in optics, optoelectronics, electronics, and machine vision. Specim is headquartered in Oulu, Finland, where the company will maintain its existing offices. In a press release, Hitoshi Kamezawa, Konica Minolta’s Sensing Business Unit’s executive officer and general manager, said that as
SPI Lasers Rebrands Under TRUMPF Umbrella DITZINGEN, Germany, Dec. 1, 2020 — TRUMPF has completed the renaming and merger of SPI Lasers, its wholly owned fiber laser manufacturing subsidiary. SPI has been a TRUMPF subsidiary since 2008. The Southampton, England-based company will now operate under the name TRUMPF Laser UK...
Microdiamant Acquires Eminess Technologies, Companies to Rebrand as Pureon LENGWIL, Switzerland, Dec. 1, 2020 — Microdiamant, a Swiss developer of diamond-based solutions and precision surface finishing, has acquired Eminess Technologies, a manufacturer of surface polishing technology. The new company will operate under the name Pureon. The acquisition...
Collaboration Among Trumpf, Zeiss, Fraunhofer Yields Federal Prize OBERKOCHEN, Germany, Nov. 27, 2020 — Trumpf, Zeiss, and the Fraunhofer Institute for Applied Optics and Precision Mechanics were awarded the Deutscher Zukunftspreis 2020 (German Future Prize 2020) for their project “EUV Lithography: New Light for the Digital Age.” The...
GE Healthcare Acquires Prismatic Sensors CHICAGO, Nov. 27, 2020 — GE Healthcare announced the acquisition of Prismatic Sensors, a Swedish startup specializing in photon-counting detectors. The acquisition signifies the company’s continued investment in photon-counting CT technology, which has the potential...
M Squared Announces £32.5M in Financing GLASGOW, Scotland, Nov. 27, 2020 — Photonics and quantum technology developer M Squared announced £32.5 million in financing to accelerate growth and advance quantum technology. Santander UK is providing a £20 million debt facility that allows the company to fund the...
Sivers Photonics Appoints Graeme Urquhart Sales Director GLASGOW, Scotland, Nov. 27, 2020 — Sivers Photonics announced the appointment of Graeme Urquhart as sales director. Prior to joining Sivers Photonics, Urquhart served as business development director at Novosound, a start-up developing thin-film ultrasound sensors. Previously he...
Chromacity Appoints Two EDINBURGH, Scotland, Nov. 25, 2020 — Chromacity has announced Bertrand Frossard as the company’s international business development manager and Lawrence Titley as sales associate. In a press release, the company, which recently secured funding from Kelvin Capital, EOS, and the...
NUBURU Announces CEO, CFO CENTENNIAL, Colo., Nov. 25, 2020 — NUBURU, a specialist in high-power and high-brightness industrial blue lasers, announced the appointments of Guy Gilliland to the position of CEO and Chris Baldwin to CFO. Gilliland previously held management positions at Boston Consulting Group,...
Pyreos Names Gary Palmer VP of Operations EDINBURGH, Scotland, Nov. 25, 2020 — Pyreos has announced that Gary Palmer will be taking on the newly created role of vice president of operations. Palmer brings 30 years of management and engineering experience. Most recently he served as vice president of operations at CST Global....
Synopsys Acquires Light Tec MOUNTAIN VIEW, Calif., Nov. 25, 2020 — Synopsys announced the acquisition of Light Tec, a provider of optical scattering measurements and measurement equipment. The acquisition will strengthen the software company’s products in its ability to provide faster physics-based system...
Optics, Machine Vision Algorithms at Heart of Epic-USC Collaboration SAN DIEGO, Nov. 23, 2020 — Epic Sciences Inc., a diagnostics and disease profiling company, announced it has entered into an exclusive license and collaboration agreement with the University of Southern California (USC) Michelson Center for Convergent Bioscience, and the...
Basler Commences Building Project at Ahrensburg Site AHRENSBURG, Germany, Nov. 19, 2020 — Basler AG has broken ground on a new, expanded complex in Ahrensburg, Germany. The manufacturer of industrial cameras and imaging systems said the new six-floor facility will cover more than 310,000 sq ft and provide additional office space for some...
Lumentum Acquires TriLumina Assets SAN JOSE, Calif., Nov. 18, 2020 — Lumentum has acquired technology assets of TriLumina, including patents and other intellectual property. Trilumina technology includes flip-chip, back-emitting VCSEL arrays for use in a wide variety of applications, including 3D sensing, automotive...
Air-Sensing Technology Combats Dangerous Chemical Exposure PAMPLONA, Spain, Nov. 16, 2020 — University of Navarra scientists in Spain and partners from European photonics innovation hub ACTPHAST 4R are collaborating to develop technology capable of detecting lethal and highly explosive chemicals in industrial settings. The team is working...
INRS Researchers Awarded Brockhouse Canada Prize QUEBEC CITY, Nov. 13, 2020 — José Azaña and Roberto Morandotti of the Institut national de la reserche scientifique (INRS) were awarded the Brockhouse Canada Prize for Interdisciplinary Research in Science and Engineering for the establishment of the Ultrahigh...
Raptor Photonics Names Peter Hagen Sales Manager LARNE, Northern Ireland, Nov. 13, 2020 — Raptor Photonics, a manufacturer of SWIR, CCD, EMCCD, and CMOS cameras, named Peter Hagen sales manager. Hagen will oversee global sales for the company. Previously, Hagen held leadership positions in the automotive industry.
Kyocera Corp. Acquires GaN Laser Technology Company SLD Laser KYOTO, Japan, Nov. 12, 2020 — Kyocera announced it will acquire Goleda, Calif.-based SLD Laser, a developer of visible laser sources for display, automotive, and specialty applications. SLD (Soraa Laser Diode), commercializes gallium nitride (GaN)-based laser light sources and...
Hitachi High-Tec Acquires PIC Manufacturer VLC Photonics TOKYO, Nov. 12, 2020 — Hitachi High-Tec Corp. has acquired Valencia, Spain-based VLC Photonics SL, a designer and manufacturer of photonic integrated circuit (PIC) solutions and engineering services. VLC becomes a subsidiary company of Hitachi, a global provider of...
UK and Canada Collaborate on Quantum Tech SWINDON, England, Nov. 12, 2020 — United Kingdom Research and Innovation (UKRI) and the Natural Sciences and Engineering Research Council (NSERC) of Canada are backing eight projects that seek to commercialize quantum technologies. According to UKRI, the effort is the first...
Ernst Rauscher, Pioneer in the Field of Vision, Industrial Image Processing, Dies OLCHING, Germany, Nov. 12, 2020 — Ernst Rauscher, founder of RAUSCHER GmbH in 1984 and a partner and managing director of the company, died on Nov. 5 at the age of 74. Thomas Miller, with RAUSCHER GmbH since 2006, and Raoul Kimmelmann, with the company since 1999 and managing...
Coherent Points to Growth in Defense, MicroLEDs as Company Starts Fiscal Year 2021 SANTA CLARA, Calif., Nov. 11, 2020 — Coherent Inc. announced the company will acquire EOT, a maker of optical isolators and fiber components, supporting initiatives and applications in the domestic directed energy market. Coherent President and CEO Andy Mattes made the announcement on...
HD Vision Systems Voted Winner of VISION Start-up 2020 STUTTGART, Germany, Nov. 11, 2020 — An all-virtual audience selected HD Vision Systems as the winner of the Vision Startup Pitch Session held Nov. 11. The Heidelberg, Germany-based company now qualifies to take part in the VISION Startup World 2021, at the VISION conference scheduled...
Coherent Reports $1.23B in Revenue at Close of Fourth Quarter SANTA CLARA, Calif., Nov. 11, 2020 — Laser and laser-based systems provider Coherent Inc. reported net sales of $1.23 billion and net loss on a GAAP basis of $414.1 million, or $17.18 per diluted share, for the fiscal year ending Oct. 3, 2020. The totals compare to the previous...
International Team Awarded $13M Grant for Superresolution Microscopy WÜRZBURG, Germany, Nov. 11, 2020 — An international research team headed by Markus Sauer of the University of Würzburg has been awarded a grant to pursue research in superesolution microscopy, aimed at advancing the study of proteins as they relate to the function of the nervous...
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