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Business News
Cassidy to Lead Tessera’s IP Business
SAN JOSE, Calif., Jan. 16, 2013 — Patent and licensing veteran Bernard J. “Barney” Cassidy has succeeded Richard Chernicoff as president of Tessera Intellectual Property Corp., the IP business unit of Tessera Technologies Inc.
GSI Expands in Medical Market with $82M Acquisition
BEDFORD, Mass., Jan. 16, 2013— GSI Group Inc. said its $82.5 million cash acquisition of NDS Surgical Imaging, a San Jose, Calif.-based producer of surgical and radiology displays, provides a substantial platform for the company’s growth in the medical market and expands...
Korean Photonics Institute Buys Veeco Epitaxy System
PLAINVIEW, N.Y., Jan. 16, 2013 — The Korean Photonics Technology Institute has purchased a Gen20 molecular beam epitaxy system from Veeco Instruments Inc. for high-power GaAs-based laser diode research.
LightPath Reduces IR Manufacturing Costs 30%
ORLANDO, Fla., Jan. 16, 2013 — Through an R&D initiative, LightPath Technologies Inc. has reduced its infrared lens manufacturing costs by 30 percent, according to a quarterly update provided to shareholders on Monday.
Sumitomo Electric Begins Mass-Producing Thunderbolt Cable
TOKYO, Jan. 14, 2013 — Sumitomo Electric Industries Ltd. is the first company to receive Thunderbolt certification from Intel Corp. and has begun mass production of the optical cable.
Jenoptik US Div. Awarded Marine Corps Contract
JENA, Germany, and JUPITER, Fla., Jan. 11, 2013 — Jenoptik Defense Inc. is set to develop a new day/night observation and target acquisition system to the specific requirements of the US Marine Corps under a contract valued at $1.3 million, the US Div. of the Jenoptik Group announced earlier this...
Leonard Named CFO at Dynasil
WATERTOWN, Mass., Jan. 11, 2013 — Thomas C. Leonard will succeed Richard A. Johnson as chief accounting officer and chief financial officer of Dynasil Corp. of America, effective Feb. 4, the company announced Thursday.
Spradley, Jackson Appointed to JDSU Executive Positions
MILPITAS, Calif., Jan. 11, 2013 — JDSU announced Thursday two executive appointments, naming Susan Spradley as senior vice president and general manager of the Communications Test and Measurement (CommTest) business segment, and Rex Jackson as the company’s executive vice president...
Zephyr Photonics Launches Fab and Foundry Unit
ZEPHYR COVE, Nev., Jan. 11, 2013 — Zephyr Photonics Inc., a manufacturer of photonic solutions for defense and industrial applications, has launched a Semiconductor Fabrication and Foundry Services (SFFS) business unit.
Mike Cumbo: Idex Parting ‘Amicable’
ALBUQUERQUE, N.M., Jan. 10, 2013 — Michael J. Cumbo, president of Idex Corp.’s Optics & Photonics (IOP) platform, confirmed earlier media reports that he is leaving the company, but told Photonics.com on Wednesday that it is an “amicable parting.”
Olympus Returns to Direct Sales in 7 States
CENTER VALLEY, Pa., Jan. 10, 2013 — Olympus America Inc. will begin selling directly in seven heartland states after the retirement of top executives from Hitschfel Instruments Inc., an Olympus authorized dealer in the region for 23 years. The changeover will become effective Feb. 1.
Edmund Optics Names Sadoulet as COO, Promotes 3 in Asia
BARRINGTON, N.J., Jan. 9, 2013 — Edmund Optics has strengthened its global and domestic leadership with the promotion of Samuel Sadoulet to chief operating officer and three appointments in its Asia-Pacific operations.
Vytran Opens Support Center in Cologne
MORGANVILLE, N.J., Jan. 9, 2013 — Optical fiber splicing solutions provider Vytran LLC has opened a new customer support center in Cologne, Germany, to provide product, technical and applications support to its European customers.
Carl Zeiss Deal Expands Reach in Canada
TORONTO, Jan. 8, 2013 — Carl Zeiss Canada has expanded its reach into the Canadian clinical microscopy market through a new distribution partnership with Inter Medico of Ontario. The deal will become effective Jan. 10.
Shutterfly to License Kodak Imaging Patents
REDWOOD CITY, Calif., Jan. 8, 2013 — Shutterfly Inc. has agreed to license 1100 Kodak imaging patents, and other patents that Kodak is keeping as part of its ongoing business.
SMIC Achieves Sensor Breakthrough
SHANGHAI, Jan. 8, 2013 — Semiconductor Manufacturing International Corp. (SMIC) has announced a breakthrough in its development of backside-illuminated CMOS image sensor (CIS) technology for mobile phone cameras, with the first test chip demonstrating good image quality...
Thermo Fisher Acquires picoSpin
WALTHAM, Mass., Jan. 8, 2013 — Thermo Fisher Scientific Inc. has completed the acquisition of picoSpin LLC, the Boulder, Colo., company that developed picoSpin-45, the world’s first nuclear magnetic resonance (NMR) spectrometer.
AFL Receives 3 Patents
SPARTANBURG, S.C., Jan. 7, 2013 — Four AFL employees have received three patents for their work in developing fiber optic products and technologies for telecommunications applications.
Biophotonic Device Gets FDA Clearance
TUSTIN, Calif., Jan. 7, 2013 — BioPhotas Inc.’s patented biophotonic medical device Celluma has received FDA clearance for six separate indications for use.
nLight Acquires Fiber Laser Maker Arbor Photonics
VANCOUVER, Wash., Jan. 7, 2013 — nLight Corp. has invested in fiber laser technology by acquiring Michigan-based Arbor Photonics Inc., the company announced Monday. Specific terms of the deal were not disclosed. nLight supplies high-performance fiber, diode-pumped solid-state and...
Block MEMS Wins IED Detection Contract
MARLBOROUGH, Mass., Jan. 4, 2013 — Block MEMS LLC has received a multimillion-dollar contract from the US Army to adapt its LaserScan spectrometer to finding improvised explosive devices from a distance.
Kramer Joins Fiberguide Industries
STIRLING, N.J., Jan. 4, 2013 — Optical fiber manufacturer Fiberguide Industries Inc. has named Ronald Kramer as business development manager for the eastern US and Canada, the company announced Friday.
Photonics Pioneer Tingye Li Dies
BOULDER, Colo., Jan. 4, 2013 — Tingye Li, renowned for his contributions to lightwave technology and optical fiber communications, died Dec. 27, 2012. He was 81.
Thorlabs Extends Mid-IR Capabilities with iGuide Purchase
NEWTON, N.J., and MONTREAL, Jan. 4, 2013 — Thorlabs announced Thursday that it has added mid-IR fiber capabilities to its portfolio through the acquisition of the iGuide optical fiber products segment of Montreal-based IRphotonics. Specific terms of the deal were not disclosed.
Lumichip, VTT Form LED Company
ESPOO, Finland, Jan. 3, 2013 — VTT Ventures Ltd. and Lumichip Ltd. have announced a joint LED company investment that will provide simpler, more cost-effective LED lamp manufacturing methods.
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