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Welcome to the photonics news page where you'll find the latest photonics business and technology news covering optics, lasers, imaging, and more. Check the Technologies menu for curated content on industry segments that interest you. Visit www.Photonics.com/prsubmit to submit photonics-related news about your company.
DRS Technologies Granted Contractfor Naval Infrared Missile Defense System May 4, 2000 — PARSIPPANY, N.J., May 4 -- DRS Technologies Inc. has been given a $6.4-million (US) contract by Hollandse Signaalapparaten B.V. in Hengelo, the Netherlands, to proceed with the development of the signal processing unit and optical lens assembly for the SIRIUS long-range infrared search and track system. Work on the contract will be done by the DRS flight safety and communications unit based in Carleton Place, Ontario, Canada. DRS will provide a production prototype of the signal processing...
Lucent to Use Vixel's Technologyin New Storage Applications May 4, 2000 — BOTHELL, Wash., May 4 -- Vixel Corp. reported that Lucent Technologies will integrate Vixel's Fibre Channel switching technology into Lucent's OptiStar product line. Vixel said its technology will help Lucent create solutions to interconnect storage...
FLIR, IRIS Systems Sign Dealon Brake Inspection Systems May 3, 2000 — PORTLAND, Ore., May 3 -- FLIR Systems Inc. has agreed to supply IRIS Systems of Vancouver, British Columbia, Canada, with $4.7-million worth of FLIR's multispectral imaging camera systems. IRIS plans to utilize FLIR's proprietary camera...
Rofin-Sinar to Acquire Baasel Lasertech Group May 3, 2000 — PLYMOUTH, Mich., May 3 -- Rofin-Sinar Technologies Inc. reported that its Rofin-Sinar Laser GmbH subsidiary has entered into a definitive agreement to acquire from Mannesmann Demag Krauss-Maffei AG (MDKM) a controlling interest in Carl Baasel...
Axcan Acquires Photofrin Rights from QLT May 2, 2000 — MONT SAINT-HILAIRE, Quebec, Canada, May 2 -- Axcan Pharma Inc. has signed an agreement to acquire worldwide rights to Photofrin -- a drug approved for use in photodynamic therapy for the treatment of certain cancers -- from QLT PhotoTherapeutics...
Corning to Invest in Japanese Facility,Double Production of LCD Glass May 2, 2000 — CORNING, N.Y., May 2 -- Corning Inc. plans to invest nearly $130 million to more than double its Japanese manufacturing capacity for liquid crystal display (LCD) glass. The capital expenditure, which will be used to increase the capacity of...
Optical Network MarketSeen Reaching $17.7 Billion by 2003 May 2, 2000 — BOSTON, May 2 -- The optical network market -- excluding SONET elements -- is expected to reach $17.7 billion by 2003, according to a report from the Aberdeen Group, an IT consulting and market strategy firm. Called Moving at Light Speed: The...
FiberCore to Acquire Algar's Fiber Manufacturing Facility May 1, 2000 — CHARLTON, Mass., May 1 -- FiberCore Inc. has signed an agreement to acquire Xtal Fibras Opticas S.A., a Campinas, Brazil-based optical fiber manufacturing facility, from parent Algar S.A. for $25 million in cash. This acquisition will be a...
Robotic Vision Systems Reports Higher Profits, Revenues, Bookings May 1, 2000 — CANTON, Mass., May 1 -- Robotic Vision Systems Inc. reported revenues of $56,743,000 for the second quarter ended March 31, 2000, an improvement of $9,663,000 or 20.5 percent from the first quarter of fiscal 2000. Operating income for the...
Three-Five to Offer 2.6 Million Shares of Common Stock May 1, 2000 — TEMPE, Ariz., May 1 -- Three-Five Systems Inc. has filed a registration statement withthe US Securities and Exchange Commission for a proposed public offering of 2,600,000 shares of the company's common stock, on a split adjusted basis. The stock...
Agilent Acquires American Holographic Inc. Apr 28, 2000 — PALO ALTO, Calif., April 28 -- Agilent Technologies Inc. has acquired American Holographic Inc., which is to become a wholly owned subsidiary within Agilent's Communication Solutions Group. American Holographic will remain at its present facility in...
Cymer, ASML Sign Customer Support Pact Apr 28, 2000 — SAN DIEGO, April 28 -- Cymer Inc. and ASM Lithography Holding NV (ASML) have signed an agreement under which Cymer will provide direct service and spare parts for its lasers installed on ASML's steppers and scanners at chipmakers' facilities...
Veeco's Ion Tech Gets Orders from DWDM Filter Manufacturers Apr 28, 2000 — FT. COLLINS, Colo., April 28 -- Veeco Instruments Inc. reported that its Ion Tech Inc. subsidiary has received orders worth $5 million from US- and Asian-based manufacturers of dense wavelength division multiplexing filters for multiple units of...
Welch Allyn, Applied Spectral Imaging to Develop Retinal Imaging Technology Apr 28, 2000 — SKANEATELES FALLS, N.Y., April 28 -- Welch Allyn Inc. and Applied Spectral Imaging Ltd. of Israel have agreed to jointly develop portable retinal imaging diagnostic products able to detect retinal diseases that may lead to blindness. The companies...
CMOS Imager to Add Video to Night Vision Scopes Apr 27, 2000 — PRINCETON, N.J., April 27 -- Sarnoff Corp.'s high-sensitivity CMOS camera-on-a-chip technology is to be integrated with the Litton Electro-Optical Systems image intensified camera system to create a video-enabled night vision system for the US Army...
GSI Lumonics Says Copyright Infringement Claim Resolved Apr 27, 2000 — KANATA, Ontario, Canada, April 27 -- GSI Lumonics Inc. reported that BioDiscovery Inc. and its founder, Soheil Shams, have abandoned all claims that GSI Lumonics' QuantArray microarray analysis software infringes on any copyright owned or controlled...
Scientific-Atlanta to Invest in Luminous Networks Apr 27, 2000 — ATLANTA, April 27 -- Scientific-Atlanta Inc. has signed an equity agreement to invest $10 million in Luminous Networks, a Cupertino, Calif.-based developer of optical transport technology. Scientific-Atlanta also has signed a multi-year contract...
Boston Laser Acquires Polaroid's Laser Diode Business Apr 26, 2000 — NORWOOD. Mass., April 26 -- Boston Laser Inc. has acquired Polaroid's laser diode development and manufacturing business for an undisclosed amount of cash and securities. Under the terms of the agreement, Boston Laser's purchase includes certain...
Cognex Purchases UK Image Company Apr 26, 2000 — NATICK, Mass., April 26 -- Cognex Corp. has acquired Image Industries, a privately held company based in Surrey, England. Cognex purchased all outstanding shares of the machine vision system manufacturer for cash and stock; specific financial terms...
Coherent Reports Record Sales, Orders for Quarter Apr 26, 2000 — SANTA CLARA, Calif., April 26 -- Coherent Inc. reported net income of $8.4 million on sales of $136.7 million for the second quarter ended April 1, 2000. Net income rose $3 million, or 56 percent, compared with last year's results for...
AirFiber, Nortel Sign Marketing Agreement Apr 25, 2000 — SAN DIEGO, April 25 -- AirFiber Inc. has signed an OEM agreement to supply its wireless optical networking products to Nortel Networks. The agreement between the two companies assigns Nortel worldwide marketing rights for AirFiber's OptiMesh...
Corning to Acquire NZ Applied Technologies Apr 25, 2000 — CORNING, N.Y., April 25 -- Corning Inc. has agreed to acquire the remaining equity in NZ Applied Technologies Corp. (NZAT) of Woburn, Mass., for up to $150 million in Corning common stock. Under the terms of the agreement, a significant portion...
TRW Conducts Record-Setting Test of Alpha Laser Apr 25, 2000 — REDONDO BEACH, Calif., April 25 -- TRW reported that a test of the Alpha high-energy laser produced a 25-percent increase in the laser's output power and improved its quality. The six-second test of the megawatt-class TRW-built laser was performed...
Bio-Rad, Nikon to Produce Confocal Microscopy System Apr 24, 2000 — HERCULES, Calif., April 24 -- Bio-Rad Laboratories Inc. has signed an agreement to collaborate with Japan's Nikon Corp. on the manufacture and marketing of a new microscopy system with capabilities for video rate confocal imaging. Under the terms of...
Lucent Reports Second Quarter Revenue Up 17 Percent Apr 24, 2000 — MURRAY HILL, N.J., April 24 -- Lucent Technologies reported net income of $754 million, or 23 cents per share, for its second fiscal quarter ended March 31, 2000. These results show a 41-percent increase over the $535 million, or 17 cents...
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